WASHINGTON — Ben Bernanke's bid for another term as Federal Reserve chairman took another hit Friday as Sen. Barbara Boxer said she would oppose his confirmation.
"It is time for Main Street to have a champion at the Fed," the California Democrat said in a press release. "Dr. Bernanke played a lead role in crafting the Bush administration's economic policies, which led to the current economic crisis. Our next Federal Reserve chairman must represent a clean break from the policies of the past."
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