More fear and financial blackmail going on right now on the floor of the senate. Earlier today, the senate voted to end debate and move for a final vote happening now. I will update as soon as the vote is final. To watch the final vote streaming live, go here.
The Senate voted to end debate on the nomination of Ben Bernanke for a second four-year term as chairman of the Federal Reserve, clearing the way for a final vote later today in which Mr. Bernanke is expected to prevail.
During more than two hours of debate on the Senate floor, Bernanke backers warned that voting him down risked sparking turmoil in U.S. and foreign markets and thwarting a budding economic recovery. They said the Fed chairman deserved an opportunity to finish what he started.
“To vote against confirmation could unnerve investors and exacerbate economic uncertainty in the marketplace, which is exactly what we do not need at this time,” said Sen. Robert Menendez, Democrat of New Jersey. “We need the wisdom of patience,” he said. “Let us not judge the man or the work prematurely.”
UPDATE:
The Senate has voted to confirm Bernanke for a second term as the Chairman of The Federal Reserve; 70-30. I will post the voting record for your information and ammunition as it becomes available. (Searching….searching…searching…)
(4:36pm est. Waiting for vote to be posted on Senate webpage. Expect 20 minute wait.)
Senate voting page for Bernanke’s Confirmation – here.
U.S. Senate Roll Call Votes 111th Congress – 2nd Session
as compiled through Senate LIS by the Senate Bill Clerk under the direction of the Secretary of the Senate
Vote Summary
Question: On the Nomination (Confirmation Ben S. Bernanke To Be Chairman Of The Board of Governors of the Federal Reserve System )
Vote Number:
16
Vote Date:
January 28, 2010, 03:45 PM
Required For Majority:
1/2
Vote Result:
Nomination Confirmed
Nomination Number:
PN959
Nomination Description:
Ben S. Bernanke, of New Jersey, to be Chairman of the Board of Governors of the Federal Reserve System for a term of four years
Ken – I read on twitter today (and am looking for print confirmation) that Bob Bennett voted for Bernanke because he didn’t want to open the door to another liberal Obama pick. Yes, it would have been worse – can you say Larry Summers?
Here is your jumping off point – this guy is really bad:
Well well….my….oops, California’s rep Babs Boxer voted nay…Could it be that she REALLY is worried about her upcoming re-election? Well Babs…no need to worry you’ll get your unemployment check next November. And to ALL those gutless Repubs that vote yes…Well STAND BY YOU IDIOTS! YOUR unemployment checks are waiting for you too!
Diamond Tiger - Senate Vote Record for Bernanke Confirmation: https://logisticsmonster.com/2010/01/28/bernanke-confirmation-hearings/
Scott Groves - RT @LogisticMonster: Senate Vote Record for Bernanke Confirmation: https://logisticsmonster.com/2010/01/28/bernanke-confirmation-hearings/
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More fear and financial blackmail going on right now on the floor of the senate. Earlier today, the senate voted to end debate and move for a final vote happening now. I will update as soon as the vote is final. To watch the final vote streaming live, go here.
22 of 40 Republicans voted to confirm !!!
Was the alternative going to be that bad ???
No party unity here!! Somebody please explain …
Ken – I read on twitter today (and am looking for print confirmation) that Bob Bennett voted for Bernanke because he didn’t want to open the door to another liberal Obama pick. Yes, it would have been worse – can you say Larry Summers?
Here is your jumping off point – this guy is really bad:
http://en.wikipedia.org/wiki/Lawrence_Summers
Well well….my….oops, California’s rep Babs Boxer voted nay…Could it be that she REALLY is worried about her upcoming re-election? Well Babs…no need to worry you’ll get your unemployment check next November. And to ALL those gutless Repubs that vote yes…Well STAND BY YOU IDIOTS! YOUR unemployment checks are waiting for you too!