Fed Chief Bernanke Faces Strong Criticism

Written by John F. McManus
Thursday, 03 December 2009 19:00

Ben Bernanke appeared on December 3 before the Senate Banking Committee as part of the confirmation proceedings needed to approve a second four-year term as Federal Reserve chairman. He found some strong opposition and some fawning support among the Senators.

Even prior to the hearing, Vermont independent Bernie Sanders employed a Senate prerogative and placed a “holdâ€