Bernanke Defends His Role as Head of the Federal Reserve, Fights For Second Term

485 views · Published 4 December 2009 · 2:05 · Indexed 20 September 2026

Channel: Voice of America · 2009 · News & Politics

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Federal Reserve Chairman Ben Bernanke came under fire from angry lawmakers at a Senate Banking Committee hearing Thursday.  President Barack Obama has nominated Bernanke for a second, four-year term, but the Fed chairman had to defend his record and his decision to bail-out major banks over the past two years to try to prevent an economic meltdown.  VOA Correspondent Cindy Saine reports.

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