Sunday, January 31, 2010

Ben Bernanke Confirmed to 2nd Term

Ben S. Bernanke won Senate approval for a second term as Federal Reserve chairman, as supporters who credited his actions to stem the financial crisis and recession overcame opponents saying he failed to prevent them.

The Senate voted 70 to 30 to confirm the 56-year-old former Princeton University professor, the most opposition since the chamber started confirming Fed chiefs in 1978.

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