A Senate panel has approved the nomination of Federal Reserve Chairman Ben Bernanke to run the nation's central bank for another four years.
The Senate Banking Committee voted 16-7 to send Bernanke's nomination to the full Senate for consideration.
Although the 56-year-old Bernanke appears to have enough votes to win a second term, some senators are lining up against him. They blame him for not spotting problems that led to the financial crisis, failing to protect consumers and supporting Wall Street bailouts.Source: AP News
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