Obama gives Fed's Bernanke vote of confidence
U.S. presidential candidate Barack Obama gave a vote of confidence to Federal Reserve Chairman Ben Bernanke, saying he had made some good decisions in difficult circumstances.
"I think that Chairman Bernanke was handed a pretty tough hand and I think some of the decisions he's made have been the right ones," the presumptive Democratic nominee told Reuters in an interview on Saturday evening.
Obama, speaking on the flight home to Chicago from his nine-day overseas trip, also said he would convene a meeting on Monday on the economy and the financial system.
Those participating in the discussion will include former Federal Reserve Chairman Paul Volcker, former U.S. Treasury Secretary Robert Rubin and billionaire investor Warren Buffett, chairman of Berkshire Hathaway.
"This will be a first step in a series of meetings and proposals that we'll be presenting during the remainder of this campaign," Obama said.
Also participating in the meeting will be former U.S. Treasury Secretary Lawrence Summers, former Labor Secretary Robert Reich and Google chief executive Eric Schmidt, according to comments Obama made in a separate interview with NBC's Meet the Press.
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