Breaking News Headlines: Bernanke Hearing Turns Into Eulogy Over His Tenure at Fed

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Breaking News Headlines: Bernanke Hearing Turns Into Eulogy Over His Tenure at Fed

Breaking News Headlines: Bernanke Hearing Turns Into Eulogy Over His Tenure at Fed
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Breaking News Headlines: Bernanke Hearing Turns Into Eulogy Over His Tenure at Fed

Wochit 1:03 mins

Ben Bernanke almost looked pleased to face questions from members of the House of Representatives, but that might be because he knows that it was for the last time. During a hearing described several times as more like a eulogy than testimony on monetary policy, the Federal Reserve chief received bi-partisan thanks for his service as successive members said they had heard he may not be in the job next year. In a heated confrontation over domestic spying, members of Congress said they never intended to allow the National Security Agency to build a database of every phone call in America. And they threatened to curtail the government's surveillance authority. Concerns that the Afghan vote set for next year might be delayed have been eased with President Hamid Karzai signing a new election law. There had been concerns that the vote could be significantly delayed or put off indefinitely.

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