Doubt continues to grow over Bernanke re-confirmation

Sen. Russ Feingold (D-Wis.) on Friday morning pledged to vote against Ben Bernanke's nomination to head up the Federal Reserve Board for a second term. ∴ Feingold’s announcement comes amid questions about whether Bernanke has the votes to win confirmation in the Senate. He was easily approved in a 16-7 Senate Banking Committee vote in December. ∴ The chairman has come under criticism from lawmakers in both parties on a range of issues, from the Fed’s efforts to save AIG to the transparency of its books. Read more at The Hill...

White House Stands by Bernanke Amid Democratic Opposition
- The White House is standing by Ben Bernanke, saying President Obama is confident he will be confirmed for a second term as Federal Reserve chairman despite emerging opposition. Read more at FOXNews.com...