The members of Congress are not original thinkers and they are not leaders of men by any stretch of the imagination. For the most part, they are sycophants and addicted to doing the expedient. So when a gaggle of them 'blasts' the main front- man for the Federal Reserve, you have to know something is up. Not a one of them would do such a thing without having been told to do it.
It seems there is a body of opinion among the bank owners that Bernanke may be more trouble than he is worth. They are generally unhappy with Bernanke's performance during the economic crisis. He did what he was told, of course, but he suffers from a lack of elan and charisma. He could have pulled off his assignment with so much greater finesse. Instead of disarming protestors, he aggravated them (out of incompetence, not intentionally) and set the whole country into an uproar. This outcome was not what the wealth owners had in mind. They were required to set in motion all kinds of fire-fighting to overcome Bernanke's mis-steps.
It is impossible to say if the wealth owners are ready to dump Bernanke or whether all this is just a warning to him to shape up. There was speculation a few days ago over whether Obama would replace Bernanke. This talk too would not have occurred without the bank owners prompting it and unless they were seriously considering getting rid of Bernanke. So, we will have to wait and see.
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