U.S. President Barack Obama is confident Federal Reserve Chairman Ben Bernanke will be confirmed by the Senate for a second term, senior White House adviser David Axelrod said on Sunday.   More

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Bernanke: Breaking News Updates

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.

Embattled Bernanke edges closer to a second term
WASHINGTON (Reuters) – The White House voiced confidence on Sunday the Senate would approve a second term for Federal Reserve Chairman Ben Bernanke, whose prospects appeared shaky last week, and Senate Democrats hoped to hold the vote this week..

White House Warns Against ‘Playing Politics’ With Bernanke Nomination
WASHINGTON — White House officials and Senate leaders predicted on Sunday that Federal Reserve Chairman Ben Bernanke will be confirmed for a second term. White House spokesman Robert Gibbs said a new four-year term for the central bank head is needed to ensure stability in the financial system. Lawmakers would send a bad message to financial markets by “playing politics in any way” with Bernanke’s nomination, Gibbs said. White House senior adviser Valerie Jarrett said Senate Majority Leader Harry Reid, D-Nev., had assured President Barack Obama that Bernanke had strong support among Democrats. Senate Republican leader Mitch McConnell of Kentucky said he anticipated that Bernanke would be confirmed and would receive bipartisan support. McConnell would not say how he would vote and how many Republicans would vote against a second term. The No. 2 Senate Democrat, Dick Durbin of Illinois, added, “I think that we’re going to have the votes to make sure he is reconfirmed.” Bernanke, appointed by Republican President George W. Bush, is widely credited with helping to prevent the recession from turning into a depression. But his support of Wall Street bailouts has angered the public as the country struggles with double-digit unemployment and soaring home foreclosures. Obama called Senate allies on Saturday to make his case for Bernanke, whose term ends Jan.

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White House Is Confident Bernanke Will Be Confirmed
As the president endorsed a bill to create a bipartisan budget commission, officials said they were confident the Federal Reserve chairman would get a second term.

Bernanke needs to go!
Bernanke is a blight on our economy. The fact that President Obama appointed him for a second term and the senate would even think about confirming that appointment speaks volumes of just how out of touch the boys and girls in the Washington are with the rest of America.

What if Bernanke Isn’t Reconfirmed–
We are, in fact, in a ridiculous situation and do not have a functioning political system. Take a look at the current Treasury Department org chart and note that only one Undersecretary has been confirmed by the Senate. We–re missing Undersecretaries for Domestic Finance and for International Affairs as well as a boatload of assistant secretaries.

News Media

Key GOP senator expects Bernanke OK – MarketWatch
NEW YORK (MarketWatch) — Senate Republican Leader Mitch McConnell said Sunday he expects Ben Bernanke to be confirmed, …

Stocks: Trying to reverse the slide – CNNMoney.com
"Obama talking about banking, China talking about limiting lending and the questions about Bernanke all added a level of uncertainty to the market that …

White House Advisers Promise Sharper Focus on Jobs – New York Times
Obama is moving in that direction even as opposition grows in the Senate to his nomination of Federal Reserve Chairman Ben Bernanke to a second term. …

Obama Share Scare: Market Drop Shows Vulnerability – ABC News
On Friday, investors feared mounting opposition in the Senate could derail Federal Reserve Chairman Ben Bernanke's reappointment. …

Hatch, Menendez will vote for Bernanke – Politico (blog)
Bob Menendez (D-NJ) and Orrin Hatch (R-Utah) said on Sunday they'll both vote for Fed Chairman Ben Bernanke's confirmation. In a joint appearance on CNN's …

McCain: Campaign Finance Reform Is Dead – CBS News
speaks with Bob Schieffer about a series of issues, from the Obama administration to the fate of Ben Bernanke. Bob Schieffer speaks with Sen. …

Vote against Bernanke! – BlueOregon (blog)
Senator Jeff Merkley has already publicly stated he will not vote to reappoint Fed Chairman Ben Bernanke. He argues that the people that created the mess …

US STOCKS SNAPSHOT-Wall St slides on bank, Bernanke worries – Reuters
… as investors fretted about fallout from the Obama administration's proposed restrictions on banks and a delay in confirming Fed Chairman Ben Bernanke. …

Leader of ID theft ring that ensnared Bernanke gets 17 years – Washington Examiner
A ringleader of a $1.5 million identity-theft ring that left Federal Reserve Chairman Ben Bernanke as one of its victims has been sentenced to 17 years in …

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Popular News Articles

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 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

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

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