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Archive for Saturday, January 23, 2010

White House fights for Bernanke support

January 23, 2010

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— Federal Reserve Chairman Ben Bernanke encountered new Senate opposition Friday for another four-year term as the White House worked aggressively to keep his support from eroding further.

President Barack Obama’s chief of staff, Rahm Emanuel, and Treasury Secretary Timothy Geithner were on the phone throughout the day to key senators to shore up votes, said two senior administration officials, speaking on condition of anonymity to more freely discuss behind-the-scenes activity.

On Friday, three Democrats — Sens. Russ Feingold of Wisconsin, Barbara Boxer of California and Jeff Merkley of Oregon — announced they would vote against Bernanke’s confirmation. A fourth Democrat — Sen. Byron Dorgan of North Dakota — announced his opposition Thursday.

Comments

Centerville 4 years, 11 months ago

At this point, If you were a US senator or representative, what would you do if Emmanuel and Geithner tried to strong-arm you? a. hang up, or b. tell them both to take a hike and then hang up

Centerville 4 years, 11 months ago

An aside: I wouldn't really call it "fighting" if they're just trying to bully over the phone or if they're just composing more whining for TOTUS.

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