Senate panel clears Bernanke's nomination

The US Senate Banking Committee on Thursday 9 June approved the nomination of Federal Reserve Governor Ben Bernanke to head the White House Council of Economic Advisers, sending it to the full Senate for a final vote.

Bernanke's nomination was approved on an 11-1 vote, with Senator Jim Bunning, a Kentucky Republican, voting against the nomination.

If approved by the full Senate, as is likely, Bernanke would take over the White House panel from Harvey Rosen who is expected to return to teaching