Senator Dick Durbin has said that he hopes the Senate will reconfirm Bernanke by the end of the week, and
that President Obama is actively calling senators to boost Bernanke.

One wonders if this weekend’s massive campaign to push for Bernanke has been insufficient.

And other news we have gotten recently:

* These are senators who have recent voiced their support for Bernanke recently:Bennett, Nelson, Byrd, Hagan.
* These are still undecided: Leahy, Udall, Cardin, Klobuchar, Thune
* In order to placate Senators, Bernanke promises that the Fed will be more “accountable and transaprent” – we wonder, to whom will it be transparent, and just how will it be accountable, especially the next time the market crashes and all banks require yet more bailouts.

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