Washington in 5 Minutes

From: The Washington Times | November 30, 2009 

FEDERAL RESERVE Sanders plans to oppose Bernanke Federal Reserve Chairman Ben S. Bernanke is expected to face tough questioning during a reappointment hearing this week, and one senator already says he won't support another term for the Fed chief. Bernie Sanders, Vermont independent, in an appearance on ABC's "This Week," said Mr. Bernanke is "part of the problem" facing the U.S. economy. The Senate Banking, Housing and Urban Affairs Committee has scheduled a hearing Thursday to consider President Obama's nomination of Mr. Bernanke. The Fed chief was first appointed by President George W. Bush. Mr. Bernanke has been Fed chief ...

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