Majority of senators on banking committee back Bernanke

12/2/2009 | Bloomberg

At least 12 of the 23 lawmakers on the Senate banking committee indicated that they either support giving Ben Bernanke a second term as chairman of the Federal Reserve or are leaning in his favor. Christopher Dodd, chairman of the committee, said Bernanke has "done a pretty good job." Dodd said discontent with the central bank's role in the financial crisis is "misplaced." The committee will discuss Bernanke's nomination at a hearing Thursday. A vote has yet to be set.

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