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Senate Confirms Fed Nominees

Posted on 5/18/2012

The Senate yesterday confirmed the nominations of Jeremy Stein and Jerome Powell to the Federal Reserve Board. The Senate confirmed Stein by a 70-24 vote, and Powell by 74-21.

Stein will fill the term vacated by Kevin Warsh's resignation, which will expire in 2018. Powell will fill the term vacated by Frederic Mishkin's resignation, which will expire in 2014.



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