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Wednesday, January 27, 2010

"The Quarrel Over Bernanke"

There's always room for more debate on Ben Bernanke's reconfirmation:

The Quarrel Over Bernanke, Room for Debate: The Senate is expected to vote this week on whether to confirm Ben Bernanke to a second term as the Federal Reserve chairman. Though it appears that he will overcome a filibuster threat, opposition to Mr. Bernanke has grown, along with worsening jobs numbers and public anger over the Fed’s failure to regulate banks before the financial crisis. His Democratic and Republican opponents have criticized him as the architect of the Wall Street bailout and being out of touch with the woes of Main Street.

How much is Mr. Bernanke to blame for the regulatory failures, the weak recovery and high unemployment numbers? Could a new Fed chairman make a difference?

    Posted by on Wednesday, January 27, 2010 at 12:34 AM in Economics, Monetary Policy, Politics | Permalink  Comments (8)


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