The U.S. Senate today confirmed President Barack Obama's two nominees to the Federal Reserve Board with both receiving the support of at least 70 senators.
The Senate has confirmed President Barack Obama's two nominees to the Federal Reserve Board, bringing the seven-member board to full strength for the first time since April 2006.
The Senate’s votes to approve Jeremy Stein and Jerome Powell bring the seven-member Federal Reserve board to full strength for the first time since 2006, before the economic crisis struck.
The Federal Reserve just released minutes from its March 19-20 FOMC meeting this morning after it was revealed that the minutes were accidentally leaked to lobbyists yesterday. The minutes came out at 9 AM ET. They were originally scheduled for release at 2 PM.
The nominees are Jerome H. (Jay) Powell, a former Treasury official from the George H.W. Bush administration; and Jeremy C. Stein, an economics professor at Harvard University.President Obama nominated a former Treasury official from the George H.W.
WASHINGTON (AP) — President Barack Obama is trying to change the face of a federal judiciary that has a long tradition of white men passing judgment on parties from all walks of life — if he can get his nominees past the Senate.
Last night, Craig Becker's nomination to the National Labor Relations Board was approved, with 52 senators voting in favor of Becker and 33 voting against him.