Senator McCain to oppose reappointing Bernanke

January 26th, 2010 - 2:00 am ICT by BNO News  

WASHINGTON, D.C. (BNO NEWS) — Republican U.S. Senator John McCain on Monday said he would oppose the reappointment of Federal Reserve Chairman Ben Bernanke.

“Our country is still facing an economic crisis and while I appreciate the service that Chairman Bernanke has performed as Federal Reserve Chairman, I believe that he must be held accountable for many of the decisions that contributed to our financial meltdown,” McCain said. “Therefore, I plan to oppose Chairman Ben Bernanke’s confirmation for a new term as Federal Reserve Chairman.”

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