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Senate Dems Not Sure They Can Get Enough Votes to Reconfirm Bernanke
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| Contributor | J.R. |
| Last Edited | J.R. Jan 21, 2010 09:45pm |
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| Category | News |
| News Date | Friday, January 22, 2010 03:00:00 AM UTC0:0 |
| Description | Amidst the voter anger at Wall Street and Washington, D.C., ABC News has learned that the Senate Democratic leadership isn't sure there are enough votes to re-confirm Ben Bernanke for another term as chairman of the Federal Reserve.
Bernanke's term expires on Jan. 31.
The White House did not respond to many requests for comment.
"The American people are disgusted with the greed and recklessness of Wall Street," Sen. Bernie Sanders, I-Vt., said in an interview with The Associated Press last month. "People are asking, 'Why didn't the Fed intervene at the appropriate time to stop the casino-type activities of large financial companies?'"
Sanders, Sen. Jim Bunning, R-Ky., Sen. Jim DeMint, R-S.C., and Sen. David Vitter, R-La., have all put holds on Bernanke's nomination, requiring 60 votes to proceed to a vote. |
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