Confirmation

Fed Chairman Ben Bernanke won Senate confirmation to a second term atop the nation's central bank. First he had to clear a key procedural vote that prevented a Republican filibuster. In the final confirmation tally, lawmakers supported Bernanke 70 to 30.

Federal Reserve Chairman Ben Bernanke Thursday started the arduous process of confirmation for a second term as Chairman of the Federal Reserve. At hearings in Washington, the chairman of Senate Banking Committee, Sen. Christopher Dodd, called the central bank's record an "abysmal failure." Dodd...