Two Fed nominees move towards Senate approval

US - Two highly regarded nominees for key policymaking spots on the U.S. Federal Reserve, including one with strongly held views on inflation targets, sped easily through a Senate hearing on Tuesday.

Princeton economist Ben Bernanke, an advocate of explicit targets for acceptable inflation as a way to keep prices in check, and senior Fed staffer Donald Kohn spent less than hour before the Senate Banking Committee answering questions.

Committee Chairman Paul Sarbanes said he hoped the panel co