Senate likely to vote on Bernanke January 31: report
Posted on: Wednesday, 11 January 2006, 15:04 CST
WASHINGTON (Reuters) - The U.S. Senate is likely to hold a confirmation vote on the nomination of White House adviser Ben Bernanke to be chairman of the Federal Reserve on January 31, according to a report citing a Senate leadership spokesman.
A vote of approval by the full Senate is the final hurdle Bernanke faces before he can take the reins at the U.S. central bank. Fed Chairman Alan Greenspan's nonrenewable term as a member of the Fed's board expires on January 31.
If Bernanke is confirmed, as widely expected, he would be in place to take over the job on February 1.
The report by CQ Today, a publication of Congressional Quarterly, cited a spokesman for Senate Majority Leader Bill Frist, a Tennessee Republican, as saying the Senate was aiming for a January 31 vote.
President George W. Bush nominated Bernanke, a former Fed governor who currently chairs the White House Council of Economic Advisers, on October 24.
The Senate Banking Committee approved the nomination on November 16, clearing it for a final Senate vote.
Source: REUTERS
Related Articles
- Senate Confirms Bernanke as Fed Chief
- Senate votes to delay payment to Uzbekistan
- Senate Votes to Block Tests of Pesticides on Humans
- Senate Votes to End Filibuster on Judge
- Senate Votes to Open Alaskan Refuge Oil Drilling
- Ga. State Senate Votes to Honor Frogs
- Senate Votes to Add 20,000 Troops to Army
- Senate Votes for Tough Limits on Spam
- Senate Votes to Block New Overtime Rules
- Senate Votes to Allow Drugs From Canada
 |
 |
User Comments (0)
RSS Feeds