FOR IMMEDIATE RELEASE
ICBA Urges Swift Senate Confirmation of Fed Chairman Ben Bernanke
Washington, D.C. (January 25, 2010)—Camden R. Fine, president and CEO of the Independent Community Bankers of America (ICBA), today sent a letter to Senate leaders urging swift Senate confirmation of Federal Reserve Chairman Ben Bernanke.
“ICBA fully supports and endorses Dr. Bernanke as a person of high integrity with the proven knowledge and skills to continue our nation’s return to economic growth and financial stability,” Fine said in the letter. “As Chairman of the Federal Reserve, Dr. Bernanke helped steer our financial and economic system through the worst storm in many decades and his efforts mitigated potentially even greater pain and suffering for Main Street America. As we emerge from recession, all Americans need ongoing stability and security in the financial and economic markets.”
Fine also said the central bank needs the steady hand of Chairman Bernanke during this critical time for our nation’s more than 8,000 community banks. He said that any delay, uncertainty or disruption could have a negative impact on recovery efforts on Main Street.
To read ICBA’s letter, visit www.icba.org.