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Tags: US | Bernanke | Senate

Senate Vote on Bernanke Set for Thursday

Wednesday, 27 January 2010 02:10 PM

Senate Majority Leader Harry Reid has scheduled a key vote Thursday that will decide whether Ben Bernanke wins a second term as chairman of the Federal Reserve.

The vote requires a 60-vote majority in the 100-member Senate to overcome procedural obstacles from Bernanke's Senate critics. Bernanke appears to have solidified his support in the Senate after the White House stepped in to quell rising opposition late last week.

Bernanke's fate has been tied to the swell of public anger over the economy and Wall Street. Opponents of giving him a second term say he missed signs of an impending financial crisis. Supporters say he helped avoid a deeper crisis by using countermeasures to stabilize the financial system. His term ends Sunday.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


FinanceNews
Senate Majority Leader Harry Reid has scheduled a key vote Thursday that will decide whether Ben Bernanke wins a second term as chairman of the Federal Reserve.The vote requires a 60-vote majority in the 100-member Senate to overcome procedural obstacles from Bernanke's...
US,Bernanke,Senate
121
2010-10-27
Wednesday, 27 January 2010 02:10 PM
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