Analysts now think Bernanke has the votes he needs to be confirmed

Discussion in 'Wall St. News' started by ASusilovic, Jan 28, 2010.

  1. WASHINGTON (MarketWatch) -- Senate Majority Leader Harry Reid said Thursday that he is seeking agreement to allow for the final vote on Federal Reserve chairman Ben Bernanke's nomination to a second term to take place later in the day. On the Senate floor, Reid said he is asking opponents of Bernanke's nomination to waive the requirement for 30 hours of debate between a procedural vote and a final up-or-down vote. A few hours later, a spokesman for Reid said no agreement has been reached yet. The test vote on Bernanke is expected this afternoon. Bernanke will need 60 votes to clear this hurdle. The second vote requires a simple majority of 50 Senators. Analysts now think Bernanke has the votes he needs to be confirmed.

    http://www.marketwatch.com/story/final-bernanke-vote-may-come-thursday-reid-says-2010-01-28
     
  2. too big to fail
     
  3. S2007S

    S2007S

    Of course he is going to be voted in for another term, he is bubble ben bernanke....

    Go Benny.
     
  4. If Abby believes he'll be confirmed, buy some shares of GS. :D