Former Treasury official Powell eyed for Fed board spot: report (Reuters)

The White House, which has been looking for a Republican to nominate to for one of the two vacancies on the Federal Reserve Board, is seriously considering ex-Treasury official Jerome Powell.

The White House, which has been looking for a Republican to nominate to for one of the two vacancies on the Federal Reserve Board, is seriously considering ex-Treasury official Jerome Powell.

(Reuters) - The bankruptcy estate of Lehman Brothers Holdings is close to naming a new board of directors to help finish winding down the collapsed financial firm, the Wall Street Journal said, citing people familiar with the matter.

The infamous James Carville quote, “Drag a hundred-dollar bill through a trailer park, you never know what you’ll find,” seems more applicable to official Washington than the much-maligned Paula Jones.

WASHINGTON (AP) — As he prepares to announce a new wave of Cabinet and other senior posts, President Barack Obama is aiming to put a more diverse face on his administration — an image that was missing as he filled the first round of vacancies of his second term with a parade of white men. Obama is said to be looking at women, Latinos and openly g

The president will nominate a Harvard economics professor, Jeremy Stein, and a former private equity executive, Jerome Powell, to the Fed board of governors, the White House said.