Toomey says he’d vote against Bernanke

Republican Senate candidate Pat Toomey said Thursday that he would vote against reconfirming Ben Bernanke as Fed chairman if he were in office, positioning himself with those critics of Bernanke who are looking to deny him an other term.

In a campaign statement, he criticized the Fed for keeping interest rates so low in the earlier part of the decade. Toomey held the 15th District House seat during some of that period.

“This was a…

January 28, 2010 at 2:03 pm | Comments (22)