FOR IMMEDIATE RELEASE
ICBA Praises Senate Confirmation of Fed Chairman Ben Bernanke
Washington, D.C. (January 28, 2010)—R. Michael Menzies, chairman of the Independent Community Bankers of America (ICBA) and president and CEO of Easton Bank and Trust, Co., Easton, Md., and Camden R. Fine, ICBA president and CEO, released this statement today following Senate confirmation of Federal Reserve Chairman Ben Bernanke.
“ICBA thanks the Senate for reconfirming Federal Reserve Chairman Ben Bernanke, who has demonstrated unwavering leadership and integrity during an extremely difficult and challenging time for our financial system and economy. Dr. Bernanke has the knowledge and skills necessary to help navigate our nation’s return to financial stability and economic growth.
“ICBA looks forward to continuing to work with the Chairman and the entire Federal Reserve System to create policies that protect our American taxpayers, our local communities and our financial system from the unbridled risks posed by too-big-to-fail and shadow institutions, while ensuring the continued resilience and strength of Main Street community banks.”