–Senate Majority Leader Says ‘Trying’ To Complete Senate Work Tonight
–Sen. Reid: Fed’s Bernanke Called, Urging Senate Confirmation Votes
–Sen. Reid: Still Working On Details of Stop-Gap Spending Bill

By John Shaw

WASHINGTON (MNI) – Senate Majority Leader Harry Reid said Wednesday
that he is working with Minority Leader Mitch McConnell to complete
action on a host of issues before adjourning until after the Nov. 2

At a briefing, Reid was asked if the Senate will be able to
complete its work tonight.

“We’re sure going to try,” he said, adding that this is one of the
few issues that he and McConnell agree on.

Reid said he hopes that before the Senate recesses this week it can
confirm the pending nominees to the Federal Reserve Board.

Reid said he is exploring “how that can be done” in talks with
other Senate leaders.

Reid said Federal Reserve Board Chairman Ben Bernanke has called
him, asking for Senate action on the pending nominations.

Three nominees to the Fed are pending: Janet Yellen, Sarah Bloom
Raskin and Peter Diamond. Diamond must be approved again by the Banking
Committee before the full Senate takes up his nomination.

Reid said he is also working on how the Senate will consider a
stop-gap spending bill to fund the government. None of the 12 spending
bills have been passed for the 2011 fiscal year which begins Friday.

Congressional leaders are working on a stop-gap spending bill that
will fund the government until Dec. 3

** Market News International Washington Bureau: (202) 371-2121 **