iOS app Android app

Bernanke Confirmation

The Bernanke Confirmation: Incompetence, Indifference and Institutional Inertia

Mike Stark | Posted 05.25.2011 | Politics
Mike Stark

The Fed is an impersonal and opaque institution. We all know it is there, but not very many people understand its role in our economy. Senators are no exception to the general rule.

Ryan Grim

Sen. Whitehouse To Oppose Bernanke | Ryan Grim | Posted 05.25.2011 | Business

Sen. Sheldon Whitehouse (D-R.I.), a well-respected member of the chamber, took to the floor on Thursday to announce for the first time his opposition ...

The Daily Show's 5 Best Ben Bernanke Spoofs (VIDEO)

Posted 05.25.2011 | Business

To celebrate the likely confirmation of Ben Bernanke for a second term as chairman of the Federal Reserve, The Daily Show has its five best send-ups o...

Bernanke Reappointment Prospects Help Send Stocks Up

AP | STEPHEN BERNARD and TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Major stock indexes rose Monday as momentum shifted in favor of the reappointment of Federal Reserve Chairman Ben Bernanke. Investor...

Dianne Feinstein Will Support Second Term For Ben Bernanke

AP | KEVIN FREKING | Posted 05.25.2011 | Politics


McCain To Oppose Bernanke Reconfirmation

Posted 05.25.2011 | Politics

UPDATE -- January 25, 1:30 PM ET: Sen. John McCain has made his opposition to Ben Bernanke's reconfirmation official. Here's the statement from his of...

Rahm Emanuel, Geithner Calling Senators To Shore Bernanke Support

New York Times | SEWELL CHAN and DAVID M. HERSZENHORN | Posted 05.25.2011 | Business

The White House chief of staff, Rahm Emanuel, and Secretary Geithner were both making calls to senators on Mr. Bernanke's behalf, administration offic...

Chris Dodd And Judd Gregg Confident Of Bernanke Confirmation

Reuters | Lisa Richwine | Posted 05.25.2011 | Politics

"Based on our discussions with our colleagues, we are very confident that Chairman Bernanke will win confirmation by the Senate for a second term," Se...

Sam Stein

How Bernanke Became A Toxic Asset | Sam Stein | Posted 05.25.2011 | Politics

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 ...

Senate Scorecard: Does Bernanke Have The Votes? SEE The Latest Tally

Posted 05.25.2011 | Business

Opposition to the reconfirmation of Ben Bernanke as Federal Reserve Chairman is growing in the Senate. Bernanke's four-year term at the helm of the U....

Ryan Grim

Opposition To Bernanke Growing In Wake Of Mass. Vote | Ryan Grim | Posted 05.25.2011 | Business

Opposition to the reconfirmation of Federal Reserve Chairman Ben Bernanke is growing in the Senate in the wake of a Republican Scott Brown's victory, ...

Jeff Merkley Is First Democrat To Say He'll Vote Against Bernanke Confirmation

Posted 05.25.2011 | Politics

Sen. Jeff Merkley became the first Democratic senator to say he'll vote against nominating Ben Bernanke for a second term, saying that the Federal Res...

Bernie Sanders Moves To Block Ben Bernanke's Confirmation

AP | JEANNINE AVERSA | Posted 05.25.2011 | Politics

WASHINGTON — Irked by the Federal Reserve's bailout of Wall Street, Sen. Bernie Sanders of Vermont said Wednesday that he will seek to block the...

Dorgan Signals That He'll Add To The Hold On Bernanke

Firedoglake | David Dayen | Posted 05.25.2011 | Politics

Last night, Byron Dorgan gave his first interview since announcing his retirement, and in that appearance with Ed Schultz, he made two policy vows. Fi...

Bernanke Confirmation Hearing: Latest Updates

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Senators took aim Thursday at Federal Reserve Chairman Ben Bernanke, linking him to rising unemployment, regulatory lapses that led...

Arthur Delaney

Ron Paul, Alan Grayson Ask Senate To Postpone Bernanke Confirmation | Arthur Delaney | Posted 05.25.2011 | Politics

Reps. Ron Paul (R-Texas) and Alan Grayson (D-Fla.) have asked Senate Banking Committee Chairman Chris Dodd (D-Conn.) to postpone the confirmation of B...

Yes, Virginia, It Is Bernanke's Fault

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

It is striking how the media view blaming Mr. Bernanke for the Great Recession as being out of bounds. Bernanke bears much of the blame for this economic collapse.

Ryan Grim

Fed Needs To 'Start Giving A Red Hot Damn About The American Public,' Says Sen. Whitehouse | Ryan Grim | Posted 05.25.2011 | Politics

Two days before Ben Bernanke's confirmation hearing, most Democrats on the Senate Banking Committee are withholding judgment, waiting to hear directly...

Bernanke Made A 'Pig's Breakfast' Of the Financial Crisis: Christopher Whalen (VIDEO)

Posted 05.25.2011 | Business

Did Ben Bernanke deserve to be named Time's "Person of the Year"? "Absolutely not," Christopher Whalen, managing director of Institutional Risk Anal...

Questions For Ben Bernanke's Senate Hearing

Washington's Blog | Posted 05.25.2011 | Politics

The Senate Banking Committee will be chatting with Ben Bernanke this Thursday to vote on his reappointment. Demand that the Committee ask the followi...

Economists: Interest Rates Fueled Boom Housing Bubble

CBS News | Alex Sundby | Posted 05.25.2011 | Business

Of all the economic factors that possibly fueled the inflation of the housing bubble last decade, Federal Reserve Chairman Ben Bernanke has said low i...

Bernanke Confirmation Hearing LIVE, Follow The Latest Updates On Twitter (VIDEO)

Posted 05.25.2011 | Business

Today on Capitol Hill, Fed chairman Ben Bernanke faces what are sure to be some tough questions from lawmakers as they weigh his chances to be confirm...

Rachel Weiner

Ben Bernanke Confirmation Targeted By Progressives With 'Stop Bailout Ben' | Rachel Weiner | Posted 05.25.2011 | Politics

Federal Reserve Chairman Ben Bernanke is up for confirmation this Thursday for a second four-year term. Despite rising public anger at the Fed over th...