Administration Moves on Fed Vacancies. Sort of.

March 13, 2010

The New York Times reports developments in Fed-vacancy land:

Moving quickly to put its mark on the Federal Reserve, the White House on Friday identified two economists and a lawyer as its candidates to fill three seats on the central bank’s board of governors.

Hey, good news. And not a moment too soon. Wait, what’s this—

“…but stopped short of declaring that those choices were final.”

Oh. Well, sure. Wouldn’t want to be hasty. So let’s recap: Obama takes office with two vacancies at the Fed’s Board of Governors. Roughly 415 days elapse. Then Friday, the White House is “moving quickly” to suggest some names for people it could maybe nominate at some point. Maybe soon. But, you know, not yet.

Okay! Well, there may be no score, but there’s certainly no lack of excitement here! The race to fill these Fed seats is proceeding at breakneck speeds.

(h/t Jonathan Bernstein)

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One Response to “Administration Moves on Fed Vacancies. Sort of.”

  1. Fed Nominations : Organon on April 29th, 2010 5:51 pm

    [...] month and a half ago, the White House announced the names of three people the President would be nominating to fill the [...]

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