by Associated Press Published: January 29,2010
Tags: Federal Reserve, U.S. Senate
WASHINGTON — The Senate has confirmed Ben Bernanke for a second term as chairman of the U.S. Federal Reserve. The Senate voted 70-30 on yesterday to reappoint Bernanke amid criticism of his judgment ahead of the US financial crisis and his support for massive Wall Street bailouts. His supporters credited him for engineering a financial industry [...] [...]
by Associated Press Published: January 29,2010
Tags: Congress, national debt, U.S. Senate
WASHINGTON — The Senate voted Thursday to allow the U.S. government to go a whopping $1.9 trillion deeper in debt, offering a vivid election-year reminder that the government has to borrow 40 cents of every dollar it spends. Democrats needed all the 60 votes at their disposal to muscle the debt limit legislation through — and [...] [...]
by Wally Northway Published: January 28,2010
Tags: aerospace, Congress, defense, federal government, U.S. Senate
WASHINGTON — Sen. Thad Cochran (R-Miss.) has joined the new Senate Aerospace Caucus, in part to promote the growing aerospace sector in Mississippi. The bipartisan caucus has been organized to promote a “strong, secure and competitive” aerospace sector within the United States. “The aerospace sector is growing in Mississippi because the state has dedicated itself to providing [...] [...]
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