Sanders on Bernanke: ‘He’s part of the problem’

A Senate panel this week will hold a hearing on Federal Reserve Chairman Ben Bernanke’s nomination to a second term in charge of the nation’s central bank.  The appointment is subject to Senate confirmation.  Senator Bernie Sanders said he will vote no. “The middle class of America is collapsing; we have seen incredible greed, recklessness and illegal behavior on Wall Street. This guy…missed the boat on the most significant economic crisis since the Great Depression,” Sanders said Monday on “Morning Meeting” on MSNBC. “We need a whole new direction in the Fed and in our economic policies. A direction that stands up for a change, not for the rich, not for the top 1 percent, not for the giant financial institutions, but for the working class and the middle class of this country. Nobody thinks that Ben Bernanke is that person.”

To watch Sen. Sanders discuss the Bernanke nomination with MSNBC’s Dylan Ratigan, click here.

To watch the senator discuss this on "This Week with George Stephanopolous, click here.