Bloomberg News

Fed Nominee Stein Receives Enough Senate Votes for Confirmation

May 17, 2012

Jeremy Stein speaks during a Senate Banking Committee hearing in Washington, D.C. on March 20, 2012. Photographer: Andrew Harrer/Bloomberg

Jeremy Stein speaks during a Senate Banking Committee hearing in Washington, D.C. on March 20, 2012. Photographer: Andrew Harrer/Bloomberg

Harvard University Professor Jeremy Stein received sufficient votes in the U.S. Senate to win confirmation to the Federal Reserve’s Board of Governors.

Stein received more than 60 votes for the seat. A vote on President Barack Obama’s other nominee, Jerome Powell, is scheduled to follow the vote on Stein.

To contact the reporter on this story: Joshua Zumbrun in Washington at jzumbrun@bloomberg.net

To contact the editor responsible for this story: James L Tyson at jtyson@bloomberg.net


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus