WASHINGTON, May 13 -- Sen. Michael Bennet issued the following press release:

Today, Colorado U.S. Senator Michael Bennet released the following statement after he voted against Kevin Warsh's nomination to serve as the Chairman of the Board of Governors of the Federal Reserve System:

"Today, I voted against confirming Kevin Warsh to serve as Chair of the Federal Reserve. An independent Federal Reserve is an essential feature of our economic system. Every American should have the confidence that interest rate decisions are being made according to the data presented, rather than the political demands of the moment. The United States has the world's largest economy and most developed capital markets but this is premised on a central bank th...