(CNN) – Sens. Chris Dodd, D-Connecticut, and Judd Gregg, R-New Hampshire, said in a joint statement Saturday they are confident Federal Reserve Chairman Ben Bernanke will be confirmed by the Senate for a second term.
The statement by Dodd, the chairman of the Senate Banking Committee, and Gregg, who also serves on the committee, comes amid reports Bernanke's confirmation may be in doubt.
“In the last few days there have been a flurry of media reports on Chairman Bernanke’s confirmation prospects, highlighting a very vocal opposition. Chairman Bernanke has done an excellent job responding to one of the most significant financial crises our country has ever encountered. We support his nomination because he is the right leader to guide the Federal Reserve in this recovering economy. Based on our discussions with our colleagues, we are very confident that Chairman Bernanke will win confirmation by the Senate for a second term.”