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U.S. lawmakers looked likely to grudgingly approve Ben Bernanke to a second term as Federal Reserve chairman this week after the White House stepped in to defend his crisis-fighting record and rally votes.
Ben Bernanke's confirmation to a second term as U.S. Federal Reserve chairman suddenly appeared in jeopardy on Friday even after U.S. Senate Majority Leader Harry Reid said he would back him.
Sen. Shelby said he will vote against the confirmation of Fed Chairman Bernanke for a second term, as a Senate panel convened his confirmation hearing.
Iran's presidential candidates ended a hard-fought and bitter campaign on Thursday, the eve of an election which reformists hope will prevent hardline Mahmoud Ahmadinejad winning a second term.