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IPFS News Link • Federal Reserve

Bernanke to avoid Ron Paul's Committee

• AP
Republicans led the opposition, upset over the Fed’s role in bailing out Wall Street firms during the financial crisis. In January 2010, the Senate confirmed Bernanke for a second term, though by the narrowest margin for any Fed chairman.

Many economists, academics and supporters in Congress credit Bernanke with helping prevent the Great Recession from turning into a second Great Depression.


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