Bernanke Gets Senate Panel Approval for a Second Term

Dan Burrows
Updated

Love him or hate him, Ben Bernanke, also known as Time magazine's Man of the Year, is likely headed for a second term as chairman of the Federal Reserve after the Senate Banking Committee gave him the thumbs up. The vote was 16 - 7 on Thursday. The chairman's nomination for another four years helming the nation's central bank now moves to the full Senate for confirmation.

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