Alexander Statement on Bernanke Confirmation

Posted on January 28, 2010

WASHINGTON –U.S. Senator Lamar Alexander (R-Tenn.) today released the following statement regarding his vote to confirm Ben Bernanke to a second term as Chairman of the Board of Governors of the Federal Reserve System:

“We were fortunate to have Ben Bernanke at the helm as Chairman of the Federal Reserve when our country nearly slid into a depression. While some of the Fed’s actions might have been extreme, it’s impossible to know what would have happened otherwise.  If we avoided a depression, he certainly deserves some of the credit.”