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Appearing before the Senate Banking Committee to make a case for his second term as head of the Federal Reserve, Ben Bernanke admitted that the Fed made mistakes in the run-up to the financial crisis, but defended its subsequent actions to stem the... Full Article at Online NewsHour
WASHINGTON — Making a case for a second term as head of the Federal Reserve, Ben Bernanke said Thursday that he has the tools and the political backbone necessary to reel in massive economic support once the recovery is firmly rooted. Full Article at NorthJersey.com
U.S. Sen Richard Shelby (R-AL) makes a point while taking questions at the Reuters Financial Regulation Summit in Washington, April 24, 2009. View Photo »
This evening at 7pm ET: A 2ND TERM? BERNANKE IN THE HOT SEAT CNBC’s Hampton Pearson reports. *Sen. Richard Shelby (R-AL) Banking Cmte. Ranking Member will be aboard. BERNANKE: SHOULD HE STAY OR SHOULD HE GO? Full Article at Kudlow's Money Politics
Federal Reserve chairman Ben Bernanke faced withering criticism from Republican senators James Bunning and Richard Shelby as well as Democratic Senator Christopher Dodd today at his re-confirmation hearing for another four years as head of the US... Full Article at FOX Business
“I believe you are the right leader for this moment in our nation’s economic history and I think your reappointment sends the right signal to the markets,” Dodd said. Full Article at The Hill
U.S. Sen Richard Shelby (D-AL) makes a point while taking questions at the Reuters Financial Regulation Summit in Washington, April 24, 2009. View Photo »
(Press-Register/Mike Kittrell) Sen. Richard ShelbyWASHINGTON -- Sen. Richard Shelby, R-Tuscaloosa, strongly criticized Federal Reserve Chairman Ben Bernanke's record this morning, but did not say whether he believes Bernanke deserves another term... Full Article at Everything Alabama
Ben Bernake's current term as chair of the Federal Reserve ends on January 31st, 2010. As such, the Obama administration and Senate are looking to reconfirm him, even though there is no good reason to do so. Full Article at Open Left
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Senate Banking Committee Chairman Christopher Dodd, D-Conn. , accompanied by the committee's ranking Republican Sen. Richard Shelby, R-Ala. , gestures during his opening statement during a hearing on Capitol Hill in Washington, Thursday, June 18, 2009.
View Photo »Treasury Secretary Timothy Geithner talks with the Senate Banking Committee's ranking Republican Sen. Richard Shelby, R-Ala. , before the start of a hearing on Capitol Hill in Washington, Thursday, June 18, 2009.
View Photo »Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. , left, and the committee's ranking Republican Sen. Richard Shelby, R-Ala. , center, greet Edward Montgomery White House Director of Recovery for Auto Communities and Workers, on Capitol Hill in Washington, Wednesday, Jun...
View Photo »Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. , left, and the committee's ranking Republican Sen. Richard Shelby, R-Ala. , center, greet Ron Bloom, senior adviser on the Auto Industry at the Treasury Department, on Capitol Hill in Washington, Wednesday, June 10, 2009,...
View Photo »WASHINGTON - JUNE 04: FBI Director Robert Mueller (C) greets Subcommittee Chairman Sen. Barbara Mikulski (D-MD) (R) as ranking member Sen. Richard Shelby (R-AL) (L) looks on prior to a hearing before the Commerce, Justice, Science and Related Agencies Subcommittee of the Senate Appropr...
View Photo »WASHINGTON - JUNE 04: FBI Director Robert Mueller (C) enters the hearing room as Subcommittee Chairman Sen. Barbara Mikulski (D-MD) (R) and ranking member Sen. Richard Shelby (R-AL) (L) look on prior to a hearing before the Commerce, Justice, Science and Related Agencies Subcommittee o...
View Photo »FBI Director Robert Mueller meets Sen. Barbara Mikulski, D-Md. , left, with Sen. Richard Shelby, R-Ala. , on Capitol Hill in Washington, Thursday, June 4, 2009, prior to testifying before the Senate Appropriations subcommittee on Commerce, Justice, Science, and Related Agencies for a re...
View Photo »US Senator Chris Dodd (2nd R) acknowledges applause at a signing ceremony for the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act in the Rose Garden at the White House in Washington, May 22, 2009.
View Photo »US President Barack Obama (2nd L) greets US Senator Chris Dodd (D-CT) (2nd R) and Senator Richard Shelby (R-AL) (R) before signing the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act in the Rose Garden at the White House in Washington, May 22, 2009.
View Photo »Rep. Carolyn Maloney, D-N.Y. and Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. , hold up pens President Barack Obama used to sign the Credit Card Accountability, Responsibility and Disclosure Act, Friday, May 22, 2009, in the Rose Garden of the White House in Washingt...
View Photo »President Barack Obama signs the Credit Card Accountability, Responsibility and Disclosure Act, Friday, May 22, 2009, in the Rose Garden of the White House in Washington.
View Photo »Lawmakers look on as President Barack Obama signs the Credit Card Accountability, Responsibility and Disclosure Act, Friday, May 22, 2009, in the Rose Garden of the White House in Washington.
View Photo »President Barack Obama shakes hands with Rep. Walter Jones, R-N.C. in the Rose Garden of the White House in Washington, Friday, May 22, 2009, prior to signing the Credit Card Accountability, Responsibility and Disclosure Act.
View Photo »WASHINGTON - MAY 20: U.S. Senator Christopher Dodd (D-CT) Chairman of the Senate Banking Committee makes opening remarks as Senator Richard Shelby (R-AL) Ranking Member listens at a hearing on May 20, 2009 in Washington, DC.
View Photo »WASHINGTON - MAY 20: US Senator Christopher Dodd (D-CT) Chairman of the Senate Banking Committee makes opening remarks as Senator Richard Shelby (R-AL) Ranking Member listens at a hearing on May 20, 2009 in Washington, DC.
View Photo »Senate Banking Committee Chairman, Senator Christopher Dodd (L) D-CT and Ranking member Senator Richard Shelby (R-AL) listen to testimony from Treasury Secretary Geithner during the Troubled Asset Relief Program(TARP) Oversight hearing on May 20, 2009 on Capitol Hill in Washington, DC.
View Photo »Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn, talks with the Committee's Ranking Republican Sen. Richard Shelby, R-Ala. , on Capitol Hill in Washington, Wednesday, May 20, 2009, during the committee's hearing.
View Photo »Senate Minority Leader Mitch McConnell, R-Ky. , left, asks questions of the witnesses during the Senate Appropriations Committee hearing on the FY2009 war supplemental on Capitol Hill in Washington, Thursday, April 30, 2009. McConnell sits next to Sen. Richard Shelby, R-Ala. , left.
View Photo »WASHINGTON - MARCH 26: Senate Banking, Housing and Urban Affairs Committee Chairman Sen. Chris Dodd (D-CT) (L) confers with ranking member Sen. Richard Shelby (R-AL) (R) during a hearing for the Senate Banking, Housing and Urban Affairs Committee on March 26, 2009 in Washington, DC.
View Photo »Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. , left, and the committee's ranking Republican Sen. Richard Shelby, R-Ala. , listen during a hearing on modernizing insurance regulations, Tuesday, March 17, 2009, on Capitol Hill in Washington.
View Photo »In this photo provided by ABC News, Sen. Richard Shelby, R-Ala. , for an interview with George Stephanopoulos on ABC's This Week, in Washington, Sunday, April 20, 2008.
View Photo »Senate Banking Committee Chairman Sen. Chris Dodd, D-Conn. , left, and the committee's ranking Republican Sen. Richard Shelby, R-Ala. , listen to testimony from Housing and Urban Development Secretary Shaun Donovan, back to camera, during the committee's hearing on Capitol Hill in Washi...
View Photo »Senate Banking Committee Chairman Sen. Chris Dodd, D-Conn. , left, and the committee's ranking Republican Sen. Richard Shelby, R-Ala. , listen to testimony from Housing and Urban Development Secretary Shaun Donovan, back to camera, during the committee's hearing on Capitol Hill in Washi...
View Photo »WASHINGTON - FEBRUARY 25: U.S. President Barack Obama (L) speaks from the Diplomatic Reception Room of the White House while delivering a statement discussing the need for financial regulatory reform February 25, 2009 in Washington, DC.
View Photo »WASHINGTON - FEBRUARY 25: U.S. President Barack Obama (L) departs the Diplomatic Reception Room of the White House after making a statement discussing the need for financial regulatory reform February 25, 2009 in Washington, DC.
View Photo »Treasury Secretary Timothy Geithner talks with the Senate Banking Committee's ranking Republican Sen. Richard Shelby, R-Ala. , before the start of a hearing on Capitol Hill in Washington, Thursday, June 18, 2009.
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