The White House stood firm on the renomination of Ben Bernanke Monday, saying a second term for the Federal Reserve chief was vital to demonstrating stability in the US financial system.   More

Breaking News: Bernanke

McCain To Vote No On Bernanke
Sen. John McCain will vote “no” on the confirmation of Federal Reserve Chairman Ben Bernanke to a second term, Reuters reports..

National Review: What Bernanke Must Do
We are headed for a situation in which the next Fed chairman has no good options. There is little downside to opposing Bernanke now. Opposition to Bernanke has less to do with what he’s done — which most of Congress supported at the time — and more to do with what he must do in the future..

Support for Bernanke confirmation
The White House says it is confident of Ben Bernanke’s confirmation as Federal Reserve chairman for a second term..

Top Guns Lobby Bernanke
White House administration officials go to bat for Fed chairman as Senate confirmation hearing looms• Can Bernanke Supporters Save His Job–• Different Tone Expected in State of the Union Speech• YOU DECIDE: What Should State of Union Emphasize–• Dems Eyeing Companion Health Care Legislation• FOX FORUM: Is an Electoral Bloodbath Coming–.

Reid: I’ll Back Bernanke
Senate majority leader gives ‘conditional’ yes to new term for Fed Reserve chairman as Obama fights opposition• YOU DECIDE: Should Bernanke Stay or Go–• Obama: I Won’t Give Up on Health Care• Brown Victory Gives Republicans Second Wind.

How Bernanke Became A Toxic Asset
With Federal Reserve Chairman Ben Bernanke’s term coming to an end on January 31, what once seemed implausible has quickly become a genuine political possibility: he might not have the votes to win confirmation. On Friday, a host of lawmakers expressed either skepticism or downright opposition to a second term for the man appointed by George W. Bush and re-nominated by President Barack Obama. By day’s end, it was unclear whether the Fed Chairman had the 60 votes needed to move his nomination forward, raising speculation that the president would have to pull the nomination. How, exactly, did it come to this– Aides on Capitol Hill were asking themselves that very question. One high-ranking Democrat said that until recently, the Bernanke nomination was barely discussed in leadership meetings and even less frequently in caucus gatherings.

Obama Stands by Bernanke
URGENT: White House confident Fed Reserve chairman will win second term despite growing opposition• YOU DECIDE: Should Bernanke Stay or Go–• Obama Shifts to Populist Mode, Pushes Jobs.

Bernanke on the Rocks–
Confirmation for a second term as Fed chairman will go down to the wire and could be a closer vote than believed• YOU DECIDE: Should Bernanke Stay or Go–• OPINION: 3 Questions Bernanke Must Answer• Fox Business EXCLUSIVE: Buffett on ‘Too Big’.

Bernanke Confirmation Not Sure Thing
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Bernanke In the Hot Seat
Fed chairman meets with Reid as he looks ahead to for what promises to be contentious Senate confirmation vote.

Top Submitted Stories for Bernanke

The Daily Show’s Best Ben Bernanke Moments watch!
Five clips in honor of the Fed Chairman who may or may not be on his way out…

McCain says will vote against Bernanke
WASHINGTON (Reuters) – Republican Senator John McCain said on Monday he will vote against the nomination of Ben Bernanke to serve another term as chairman of the U.S. Federal Reserve.

Bank Bailout Baron Bernanke Obama-Advisor Backed To Keep Job
Top Obama advisor David Axelrod said Monday that Bernanke “should be” confirmed because he has provided “strong leadership” through the nation’s financial crisis. Consensus among the citizenry holds a starkly different opinion. Bernanke has spent trillions of dollars but shows no accounting for the monies. Strong leadership = good at subterfuge.

Bernanke on Housing Bubble “It Wasn’t Me!”
Summary of press backlash to Ben Bernanke’s statements about interest rates having no impact on the housing bubble.

Timothy Geithner warns of Ben Bernanke fallout
Treasury Secretary Timothy Geithner warned that the financial markets would view a Senate rejection of Ben Bernanke’s renomination as “very troubling” but said he’s sure the embattled Federal Reserve chairman will prevail. *************

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Recent Twitter Posts

  • Market ends up as Bernanke approval firms "NEW YORK (Reuters) – Stocks ended higher on Monday as signs that Federal Reserve Chairman …"
  • RT @RobMcCarthyJr: The political winds appear to be shifting in Federal Reserve Chairman Ben Bernanke’s favor. http://bit.ly/4Emlw1
  • McCain to vote against Bernanke nomination: aide (Reuters)http://bit.ly/8TSsCv
  • Geitner, Bernanke, the Supreme Court 5 represent an "axis of evil" -yes, you may add to this list
  • Charlotte business – Stocks turn higher as Bernanke’s prospects improve: (By STEPHEN BERNARD and TIM PARADIS, AP B… http://bit.ly/55ziRV
  • More senators support Bernanke confirmation (AP)http://bit.ly/66EDFm
  • If Bernanke not reconfirmed who would take the job–
  • Bernanke’s prospects brighten; vote seen this week (Reuters)http://bit.ly/6myYHS
  • McCain says will vote against Bernanke (Reuters)http://bit.ly/8TSsCv
  • Bernanke support trickles in; vote seen by week’s end – WASHINGTON (Reuters) – The U.S. Senate looked likely to gru… http://ow.ly/16q2xp
  • Bernanke support trickles in; vote seen by week’s end – WASHINGTON (Reuters) – The U.S. Senate looked likely to gru… http://ow.ly/16q2xq
  • Bernanke support trickles in; vote seen by week’s end – WASHINGTON (Reuters) – The U.S. Senate looked likely to gru… http://ow.ly/16q2xo
  • Bernanke support trickles in; vote seen by week’s end – WASHINGTON (Reuters) – The U.S. Senate looked likely to gru… http://ow.ly/16q2xu
  • Bernanke support trickles in; vote seen by week’s end – WASHINGTON (Reuters) – The U.S. Senate looked likely to gru… http://ow.ly/16q2xs
  • Bernanke support trickles in; vote seen by week’s end – WASHINGTON (Reuters) – The U.S. Senate looked likely to gru… http://ow.ly/16q2xr

News Media

Yen Falls on View Bernanke Will Get Second Term, Reviving Demand for Risk – Bloomberg
25 (Bloomberg) — The yen dropped against most of its major counterparts on speculation Federal Reserve Chairman Ben S. Bernanke will be confirmed for a …

The Case for Recess Appointing Bernanke – Huffington Post (blog)
Barack Obama should announce plans to recess appoint Ben Bernanke as Fed Chair while the Senate debates whether to hold a timely confirmation vote. …

Oil Rises Above $75 a Barrel as Equities Increase on Bernanke – Bloomberg
25 (Bloomberg) — Crude oil rose above $75 a barrel as equities rebounded from the biggest three-day decline since March on signs that Ben S. Bernanke will …

Experts Talk Bernanke “Sideshow”, FOMC, Obama’s Strategy – BusinessWeek
Congress has turned Federal Reserve Chairman [Ben] Bernanke's confirmation into a sideshow in recent weeks. The Fed chief's four-year term as chairman …

Treasurys Fall Ahead Of Auctions, Amid Bernanke Uncertainty – Wall Street Journal
Market participants Monday were also continuing to fret about Fed Chairman Ben Bernanke's reconfirmation, even though weekend news reports suggested more …

Geithner: Rejecting Bernanke Would Have “Very Troubling” Consequences – CBS News (blog)
Treasury Secretary Timothy Geithner is warning that a Senate rejection of Federal Reserve Chairman Ben Bernanke's nomination for a second term would lead to …

Australian, NZ Dollars Gain on Speculation Bernanke to Stay – Bloomberg
US President Barack Obama received assurances from Senate leaders that Bernanke will be confirmed, an administration official said. …

Bernanke Battle Poses Risks to Dollar’s Status – Wall Street Journal
Now, as the fracas over Fed Chairman Ben Bernanke's confirmation for a second term feeds anxiety over the Fed's independence, its capacity to act in such a …

Help for middle class…Backing Bernanke…Kerrigan’s brother charged – 9&10 News
WASHINGTON (AP) — There's more support today for Fed chairman Ben Bernanke in his bid for a second four-year term. Two Democratic senators and independent …

News Activity for Bernanke

Senate Dems Not Sure They Can Get Enough Votes to Reconfirm Bernanke – Political Punch
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…

BBC News – Support for Bernanke confirmation
[BBC] Support for Bernanke confirmation: The White House says it is confident of Ben Bernanke’s confirmation as Fe… http://bit.ly/5SqjjE

Boxer, Feingold Come Out Against Fed Chairman Bernanke – WSJ.com
#US #news More Democrats Oppose Bernanke http://url4.eu/1C9jz

White House confident Bernanke to be confirmed| Reuters
White House confident Bernanke to be confirmed: WASHINGTON (Reuters) – White House senior advisers voiced confiden… http://bit.ly/6aGdku

White House still believes Bernanke gets 2nd term – Yahoo! News
White House still believes Bernanke gets 2nd term (AP): AP – President Barack Obama believes Federal Reserve … http://bit.ly/8Oakph

Bernanke Images

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