Banking

11/15/05: Statement of Senator Chris Dodd on the Nomination of Ben Bernanke to be Chairman of the Federal Reserve

November 15, 2005
"Thank you, Mr. Chairman, for holding this hearing today, and welcome, Dr. Bernanke. Congratulations on your nomination.

"As is my custom, I am withholding judgment until such time as the hearing and confirmation process has concluded. However, I want to acknowledge that the president has made a superb decision in nominating you. Your academic credentials are impressive, if not unsurpassed. You have distinguished yourself in academia as well as public service, and you are highly regarded by those who know your profession best and those who know you best.

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