Dodd on Bernanke: “not necessarily”

November 20, 2009

From Shahien Nasiripour at HuffPo.

One wonders where news and approval ratings will be when Bernanke’s confirmation comes up for a vote….

I went on record with my Bernanke angst the day said he’d nominate Bernanke for a second term. At that time I qualified my opinion by saying that if Larry Summers was the other option, then I’d settle for BB. But I get the sense that Larry isn’t that popular now either, that Washington wants a clean break from Bernanke/Summers/Geithner.

So take a shot on a new Fed chair Mr. President. One who’s not afraid to challenge the banks, and run the occasional Fed fire drill.

7 comments

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Looks like Chris Dodd is trying to do another blame storming session. Does he think we haven’t forgotten about his close ties to banking execs and insurance CEO’s, especially the fact that he let them bilk us? I will never forget his lame mea culpa on AIG, the one where he admitted that he slipped language into the bill that allowed for unexamined/unapproved bonuses for their execs. This guy is shameless and unscrupulous and will probably end up getting caught for accepting bribes some day.

Posted by kbourgault | Report as abusive

We are asking what Dodd thinks about this? Really?

That is calling the kettle black with the entire stove pitched in. He is one of the major players to this entire downfall.

Anyone remember Fannie Mae and Freddie Mac are busted and we are suppose to bail them out?

Thanks Chris Dodd.

Posted by Ind | Report as abusive

It would be simpler to bring the role of the Fed back into Congress.

Posted by Mikey | Report as abusive

Dodd is completely incompetent. He was at the helm of banking committee and asleep at the switch when the economic crisis occured. He will be voted out of office in a landslide in the next election.

Posted by Will | Report as abusive

Dodd is finished. Incompetent and corrupt.

Posted by jason | Report as abusive

I don’t suppose Bill Black will be asked to interview for the post.

Think Simon Johnson would have a chance?

I think that the federal reserve should be shut down, get rid of the poeple that are in power now and replace them with poeple that have been morally and ethically tested. Also test the testers, corruption and greed is a disease

Posted by Azrael | Report as abusive