Here is a recap of the top news items from this week on Wall Street:

1. Following weeks of battle and debate, Ben Bernanke was reconfirmed as the Fed’s Chairman this week. In a 70-30 vote on Thursday afternoon, the Senate accepted Bernanke in the closest vote for a Fed chairman in nearly 32 years. The nomination came after a procedural vote in the Senate where supporters of Bernanke warned that not bringing him back would kick the legs out from under the already fragile recovery from the economic recession.

2. GDP data for the last quarter of ‘09 showed that the