Changes in the Fed

Vice chairman of the Federal Reserve Donald Kohn is going to step down. This means that there will be three new seats for Obama to fill. This article is one that I found in The New York Times on the front page of Tuesday, March 2 paper. You can see the full article online at this link. Ben Bernanke will still be in charge of the Federal Reserve, but it will be interesting to see who will be filling the empty positions. The article talks about three individuals who Obama is eyeing to fill the positions. Daniel K. Tarullo, Kevin M. Warsh and Elizabeth A. Duke.

1 comment:

Dr. Tufte said...

To be honest, I have a hard time conceiving of Obama choosing someone I wouldn't approve of. At least on monetary policy, we really don't have any sort of "crazies" on the left of the political spectrum.