Diamond drops Fed nomination fight

posted by
June 6, 2011
CNN Money    
Posted in News, PND News

"Nobel prize winner Peter Diamond has withdrawn his nomination to the Federal Reserve, citing opposition by Senate Republicans. ... The Obama administration first nominated Diamond to be one of the Fed governors in April 2010, and again in September, in advance of him winning the Nobel Prize. He was renominated in January when the new Congress took office." (06/06/11)



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