Bunning labels Bernanke “definition of moral hazard”


One of Capitol Hill's most vehement critics of the Federal Reserve on Thursday launched a predictably scathing attack at Fed chairman Ben Bernanke's confirmation hearing.

Jim Bunning, a Republican senator for Kentucky, said: "You put the printing presses into overdrive to provide cheap money to your masters on Wall Street while ordinary Americans can't even get loans to finance their basic needs."

He then accused the Fed chairman, seeking a second four-year term, of being "the definition of a mo

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