Bernanke, seeking second term, to defend Fed role


WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Thursday will push back at efforts to curb the Fed's power as he goes before lawmakers considering his nomination to a second term at the central bank's helm.

President Barack Obama nominated the former Princeton University economics professor to another four-year stint as Fed chair in August, praising his handling of the worst financial crisis since the 1930s.

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