Bernie Sanders Puts Hold on Bernanke Nomination

By GottaLaff

Wow, this is no small thing. Via Bernie Sanders' site:

Sen. Bernie Sanders (I-Vt.) today placed a hold on the nomination of Ben Bernanke for a second term as chairman of the Federal Reserve.

“The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the greed of Wall Street and the wealthy few,” Sanders said. “What the American people did not bargain for was another four years for one of the key architects of the Bush economy.” [...]

“Mr. Bernanke has failed at all four core responsibilities of the Federal Reserve,” Sanders concluded. “It’s time for him to go."

There is a lot more. Go here.

I just got home, so I'm still catching up. This was an important story to come home to. And to think I just posted Watchdog Wants Investigation of Senate ‘Holds’.

UPDATE (h/t: Shay Totten), with no subscription necessary (!):

CREW sent a letter to the Senate ethics committee today, demanding an investigation into senators’ continued use of “secret holds” despite a ban on the practice in a 2007 ethics reform bill.

Much more here.