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02 Dec 2009 23:34

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U.S.: Ben just got Bernanke’d by Bernie Sanders. Ouch.

  • bernanke1202
  • Yeah … Our boy’s gonna have trouble getting a second term. Ben Bernanke’s first term as Federal Reserve chair was marked by a whole bunch of crazy bank failures, financial market distress, bailouts, and pissed-off tea partiers who probably want to hurt him. On the eve of a second confirmation hearing, one independent senator has said “enough.” Bernie Sanders plans to put a hold on Bernanke’s nomination, which means he might be able to filibuster easily. He’s pretty much screwed. source

25 Aug 2009 10:06

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Biz, U.S.: Obama’s got Fed Reserve Chair Ben Bernanke’s back

  • As an expert on the causes of the Great Depression, I’m sure Ben never imagined that he would be part of a team responsible for preventing another.
  • President Barack Obama • In a speech this morning confirming that Bernanke would be reappointed to his post as Federal Reserve Chairman. It’s notable in one way – Bernanke’s a Republican, which means Obama’s got a bipartisan feather in his hat – but considering Bernanke’s predecessor, Alan Greenspan, stuck around for multiple administrations, maybe it’s not. But then again, Greenspan didn’t have the mess that Bernanke’s dealing with. Either way, go Ben! • source