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Minnesota Sens. Al Franken and Amy Klobuchar generally agree on the issues, but not on the vote to confirm Fed Chairman Ben Bernanke on Thursday. Klobuchar supported his confirmation while Franken was opposed, along with 30 other liberals and conservatives.…
Updated: Sen. Amy Klobuchar will vote in favor of a second term for Fed Chair Ben Bernanke when it comes up for a full Senate vote tomorrow. Sen. Al Franken’s office told the Minnesota Independent late…
The latest political clamor over AIG, poised to combust next Wednesday at a House hearing on backdoor payments to banks that made risky deals with the company, centers on the Federal Reserve’s effort to conceal details of those payments. But senior officials, including Treasury Secretary Timothy Geithner, have so far evaded a key question: Why were AIG’s trading partners fully paid with taxpayer money instead of being told to take a loss?
Rep. Michele Bachmann grilled Treasury Secretary Timothy Geithner and Fed Chairman Ben Bernanke on Tuesday afternoon about the U.S. Constitution. Bachmann seemed unclear about Congress’ duties under the Constitution.
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