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News Link • Federal Reserve

Bernanke wins overwhelming approval for a second term as Fed chair

• AP
The Senate has confirmed Ben Bernanke for a second term as chairman of the Federal Reserve. The Senate voted 70-30 on Thursday to reappoint Bernanke amid criticism of his judgment ahead of the financial crisis and his support for massive Wall Street bailouts. His supporters credited him for engineering a financial industry rescue in time to prevent a catastrophic collapse.

1 Comments in Response to

Comment by Lola Flores
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 Wins?  I thought the days of winning things in the US came to an end when the Supreme Court decided that presidents can be bought

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