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Senate Panel clears Bernanke
WASHINGTON – A Senate panel on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke to run the nation's central bank for another four years.
The Senate Banking Committee on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke for a second term
The Senate is not expected to take up Bernanke's nomination for a second four-year term at the helm of the U.S. central bank until after it reconvenes after a holiday break on January 19. While approval is widely expected, Bernanke faces an unusual amount of opposition.