Political Quotes

“Madam President, the Senators from Alabama and Oklahoma have offered that amendment to the debt limit resolution. As these amendments address matters primarily for the jurisdiction of the Appropriations Committee, I will defer to the chairman of the Appropriations Committee to address those amendments momentarily. Nomination of Ben Bernanke Madam President, in the meantime, on another matter, I wish to say I strongly support the nomination of Chairman Ben Bernanke to his second term as Chairman of the Federal Reserve. Last August, President Obama announced his intention to renominate Chairman Bernanke for a second term. There is little debate that our financial system has been through one of the most tumultuous times since the Great Depression. I strongly support President Obama's decision to renominate Ben Bernanke and believe he has the expertise to continue to lead this country out of one of the worst economic downturns in history. Chairman Bernanke graduated summa cum laude from Harvard University, earning a bachelor's degree in economics. He continued his studies at the Massachusetts Institute of Technology, where he received a Ph.D. in economics. He then had the good sense to head to Stanford, my alma mater, where he taught economics for several years at the Graduate School of Business. After heading back to Princeton University, he quickly rose through the academic ranks to become chairman of the Princeton Economics Department.…”