Home > News > Obama can’t get 50 votes for Bernanke?

Obama can’t get 50 votes for Bernanke?

obamafacepalm Wow.  The brutal news just keeps rolling in for Obama, doesn’t it?  It’s amazing what happens when one person is elected and shows the Dems that they ACTUALLY answer to the people.

Call it a moment of rare bipartisanship on Capitol Hill — and a deeply troublesome sign for Barack Obama’s ability to get anything done in Congress this year.  Just a few weeks removed from being hailed as Time Magazine’s Person of the Year, Ben Bernanke can’t get a vote for confirmation in another term as Fed chair — and if he did, he may not like the results:

Amidst the voter anger at Wall Street and Washington, D.C., ABC News has learned that the Senate Democratic leadership isn’t sure there are enough votes to re-confirm Ben Bernanke for another term as chairman of the Federal Reserve. …

“The American people are disgusted with the greed and recklessness of Wall Street,” Sen. Bernie Sanders, I-Vt., said in an interview with The Associated Press last month. “People are asking, ‘Why didn’t the Fed intervene at the appropriate time to stop the casino-type activities of large financial companies?’”

Sanders, Sen. Jim Bunning, R-Ky., Sen. Jim DeMint, R-S.C., and Sen. David Vitter, R-La., have all put holds on Bernanke’s nomination, requiring 60 votes to proceed to a vote.

Hot Air » Blog Archive » Obama can’t get 50 votes for Bernanke?

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