Obama Stands by Bernanke

Posted January 22, 2010 at 1:49pm

As the list grows of liberal Democrats opposed to Federal Reserve Chairman Ben Bernanke’s bid for a second term, the White House on Friday said President Barack Obama stands behind the embattled nominee.

“As the president has said before, he has a great deal of confidence in what Chairman Bernanke did to bring our economy back from the brink,— White House Deputy Press Secretary Bill Burton said. “And he continues to think that he’s the best person for the job and will be confirmed by the United States Senate.—

Burton added that “people on the White House staff and around the president continue to work— to get Bernanke reconfirmed.