The Seminal: Why Bernanke’s Confirmation Is, and Should Be, in Trouble: No sooner had the New York Times released an initial story that "Opposition Grows Against Second Term for Bernanke," noting opposition from Sens. Feingold and Boxer, than Sen. Harry Reid made a Friday evening announcement that he would support Bernanke.
With presumed White House urging, Reid was hoping to head off further erosion in Bernanke’s support. But it may not be enough.
One unconfirmed vote count late Friday suggested there were still up to 59 Senators undecided, with those supporting/opposing split about 25/16. That was before Reid’s announcement.
The fact that over half the Senate doesn’t know what to do about Bernanke speaks volumes. For such an important position, and with so much already known about Bernanke’s record, you’d think Bernanke’s fate would be known by now.
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