Business IdeasSenators assure Bernanke will win 2nd term
US President Barack Obama phoned Senate allies as two key senators predicted that embattled Federal Reserve Chairman Ben Bernanke will be confirmed for a second term.
Obama made calls from the White House to members of the Senate leadership and others yesterday and was assured Bernanke would win confirmation, a senior White House official told The Associated Press. The official spoke on the condition of anonymity to discuss the private phone calls.