SENATOR TO FED CHAIR BERNANKE: ‘YOU ARE THE DEFINITION OF MORAL HAZARD’
A few hours after Federal Reserve Chairman Ben Bernanke began a spirited defense of his much-maligned tenure leading the nation’s central bank, a Republican Senator reached across the aisle to join one of the chamber’s more liberal members in declaring his intention to delay Bernanke’s likely confirmation.
Bunning added that he and Sanders won’t be the only ones to pull this procedural delaying tactic. However, unless they get 39 others to join them in opposing Bernanke, he’ll likely be confirmed. It’ll just take Senate Majority Leader Harry Reid (D-Nev.) a bit more time, as he’ll have to round up 60 votes to bypass the “hold.” READ MORE…
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Posted: December 3rd, 2009 under LA Topics, The Mario Solis-Marich Show.
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