Sen Dodd: No blocks to Bernanke reconfirm
Senate Banking Committee Chairman Christopher Dodd told Reuters Television on Thursday he sees no obstacles in the way of the Senate reconfirming Ben Bernanke as Federal Reserve chairman.
Asked in an interview if he saw any roadblocks to the reconfirmation, Dodd said, “No, I don’t think so.”
“I’ve indicated I want to be supportive. I think Ben Bernanke’s done a very good job, particularly in the last year or so. I think that view is embraced by a lot of people,” said Dodd, a Democrat.
President Barack Obama nominated Bernanke to a second term as Fed chairman in August quick pay day loan. His four-year term expires in January.
“The chairman’s not going anywhere,” Dodd said.
“We’re so preoccupied now with trying to pull together the modernization of the financial structure, which is taking a lot of time, as it should.”
(Reporting by Kevin Drawbaugh and Corbett Daly; editing by Jeffrey Benkoe)