Fox News: A defeat of Federal Reserve Chairman Ben Bernanke’s quest for another four-year term could raise the risk of a “double dip” recession if political jousting over a successor were to drag on for months, economists warn.
But Bernanke’s prospects appeared to brighten Sunday, with three more senators, including Republican leader Sen. Mitch McConnell (R-KY) of Kentucky, predicting he’ll be confirmed. A vote is expected later this week.
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