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McCain Will Vote Against Bernanke

A big statement from the senior senator from Arizona, who famously floundered at the start of the financial crisis in September 2008 by -- among other things --

Jul 31, 202051.8K Shares1.4M Views
A big statement from the senior senator from Arizona, who famously floundered at the start of the financial crisis in September 2008 by — among other things — demanding the resignation of then-SEC Chairman Chris Cox.
Our country is still facing an economic crisis and while I appreciate the service that Chairman Bernanke has performed as Federal Reserve Chairman, I believe that he must be held accountable for many of the decisions that contributed to our financial meltdown.
Therefore, I plan to oppose Chairman Ben Bernanke’s confirmation for a new term as Federal Reserve Chairman.
What’s unclear: Whether McCain knows whether Bernanke’s confirmation is already a go. His colleague Sen. Jon Kyl (R-Ariz.), who is not up for re-election this year, is backing Bernanke.
Paula M. Graham

Paula M. Graham

Reviewer
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