January 25th, 2010
11:30 AM ET
4 years ago

Bernanke quest: The scramble for 60 votes

The Federal Reserve chairman's term ends on Sunday, and Washington is abuzz with speculation about whether the Senate will reconfirm him.
The Federal Reserve chairman's term ends on Sunday, and Washington is abuzz with speculation about whether the Senate will reconfirm him.

NEW YORK (CNNMoney.com) - Ben Bernanke watch: 6 days and counting.

The Federal Reserve chairman's term ends on Sunday, and Washington is abuzz with speculation about whether the Senate will reconfirm him.

The Obama administration is confident that he has the 60 votes he needs to get Bernanke another term.

"We need his leadership," White House adviser David Axelrod told CNN on Sunday. "And the president is very confident that the chairman will be confirmed."

Obama phoned senators over the weekend to "check in" a White House official told CNN. And Senate leaders also scrambled to see where the votes are. Bernanke is expected to spend part of Monday talking to senators on Capitol Hill.

Until last week, Bernanke's confirmation had been viewed as a sure thing.

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Filed under: Ben Bernanke
soundoff (9 Responses)
  1. JES

    Time t look for another job just not this one.

    January 25, 2010 01:08 pm at 1:08 pm |
  2. awaitingmoderationby CNN

    I don't to much of Bernanke, but then I found out Barbara Boxer was against his renomination and reappointment, so knowing her, I figured the guy must be doing something right. She truly represents only the loony left.

    January 25, 2010 01:10 pm at 1:10 pm |
  3. Jane/Seattle

    This man did nothing to control the Bush Regime's runaway deficit, WAR spending. The Banks who failed to control themselves in their glut for greed needd to be regulated and their "exotic" financial instruments controlled.

    By the very rules of Capitalism these should have been left to FAIL just as any citizen would have been. Funny how that Equality thing Never applies to the ruling elites who have taken America DOWN! Bankruptcy for Corporations=OK. Bankruptcy for Citizens= NOT OK.
    Disgusting! This guy is not one of us!

    January 25, 2010 01:14 pm at 1:14 pm |
  4. ASH

    What's the difference? Kick this bagel-nose out and they'll just find another one to replace him. Time for the US to send these international Zionists packing.

    January 25, 2010 01:21 pm at 1:21 pm |
  5. If you want something ruined, put a republican in charge

    Well let's see if the right wingnuts throw their fellow republican under the bus.

    January 25, 2010 01:21 pm at 1:21 pm |
  6. Ronald E Miller

    vote him down and get rid of tim G also the president needs to cleanhouse get rid of these losers.

    January 25, 2010 01:46 pm at 1:46 pm |
  7. Connie Brighten

    Betnanke may not be the brightest bulb on the tree, but be careful as to who his replacement might be: one of those community organizer thugs from Chicago?

    January 25, 2010 01:54 pm at 1:54 pm |
  8. Rick McDaniel

    This is actually amusing, as if the Dems think Bernanke didn't chalk up any miracles, so he needs to go????

    Well, Dems, the bad news is.....miracles are in short supply......as is effective legislation and leadership.

    January 25, 2010 02:08 pm at 2:08 pm |
  9. citizen AND BELIEVER

    Where oh where have you been ? NOTHING in this life is sure except – DEATH and TAXES !

    If there is no other credible applicant for the job, give Bernanke another chance to get it right !

    Look how long we had his predacessor !.

    January 25, 2010 02:26 pm at 2:26 pm |