Senate panel grills Bernanke, offers some qualified praise

12/4/2009 | CNNMoney

Federal Reserve Chairman Ben Bernanke was the target of pointed questions by members of the Senate banking committee during his confirmation hearing Thursday. Chairman Christopher Dodd, D-Conn., tempered his support for how Bernanke handled the financial crisis with a call to strip the Fed of some of its powers. While most Democrats said they support endorsing Bernanke for another term, Sen. Jim Bunning, R-Ky., threatened to block or delay the confirmation vote.

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