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Obama confident of repeat Fed term for Bernanke: adviser
AFP
Monday, January 25th, 2010
Embattled Federal Reserve Chairman Ben Bernanke will garner
enough votes to win US Senate confirmation for a second term
despite opposition from key Democrats, President Barack Obama's
top adviser predicted Sunday.
"The president is very confident that the chairman will
be confirmed," said adviser David Axelrod, who praised
Bernanke's handling of the recent global economic meltdown.
"Chairman Bernanke offered very strong and steady leadership
during this crisis, without which we... may have slipped into
the abyss. And we are still in a fragile state, although the
economy is growing," Axelrod told CNN's "State of
the Union" television program.
Several US senators have vowed to filibuster the nomination
which needs 60 votes for approval. Most of the Senate's 40 Republicans
are expected to vote against Bernanke, making it all the more
important for Bernanke to sew up the support of Democrats.
Full
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INFOWARS:
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