- Making News: Senate Committee Approves Ben Bernanke as Fed Chair
The Senate Banking Committee today approved Ben Bernanke to succeed Alan Greenspan at the Federal Reserve. Greenspan's last day on the job as Fed Chairman is January 31. Approval came by voice vote, despite some concern about Bernanke's priorities. Greg Ip, who covered the hearings for the Wall Street Journal, has more on today's vote as well as a look at the contrasting philosophies of the two men. - Reporter's Notebook: Report Says PBS Chief Tried to Influence Programming
The Corporation for Public Broadcasting says it will try to "strengthen public confidence" after a scathing report by its own Inspector General found former CPB Chairman Kenneth Tomlinson had broken federal law in his effort to put more conservatives on the air. Tomlinson resigned last week, after word got out that Kenneth Konz would be highly critical. Released yesterday, the report portrays Tomlinson as "a rogue appointee who often exceeded his authority." That's according to Matea Gold in today's Los Angeles Times.
Ben Bernanke, nominee to chair Fed Reserve Board
Humphrey Hawkins Act (Full Employment and Balanced Growth Act of 1978)
Fallows' (Huffington Post) article on why President Bush isn't addressing the war in Iraq
Corporation for Public Broadcasting (CPB)
CPB Inspector General's 'Review of Alleged Actions Violating Public Broadcasting Act'
PBS' The Journal Editorial Report