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President Bush on Monday said, "Since its creation in 1913, the Federal Reserve has helped bring stability and growth to our nation's economy. Around the world the Fed is a symbol of integrity and reliability. ... The Fed's actions touch the lives of all Americans, and the Chairman of the Feder...
WASHINGTON -- Embattled Federal Reserve Chairman Ben Bernanke won confirmation for a second term Thursday, but only by the closest vote ever for the crucial post and after withering criticism from lawmakers for bailing out Wall Street while other Americans suffered in recession.
Fri, Jan 29 | from U.S. News & World Report