Wicker Statement on Opposition to Bernanke Nomination

WASHINGTON – U.S. Sen. Roger Wicker, R-Miss., today issued the following
statement after voting against cloture on the nomination of Ben Bernanke to
serve a second term as the chairman of the Federal Reserve:

“My vote against a new term for Mr. Bernanke is intended to be a strong
statement in protest of the Federal Reserve’s policies during his
stewardship – against the lack of transparency in his decision-making,
against special bailouts such as the government’s acquiring ownership of
AIG, and against the excessive expenditures by the Federal Reserve, which
were not explicitly authorized by statute.”