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Obama’s Fed team takes shape with Fischer, Brainard
The Wall Street Journal (online registration required): WASHINGTON (MarketWatch) — President Barack Obama’s team at the Federal Reserve took shape Friday when he announced he intended to nominate Stanley Fischer and Lael Brainard to the central bank’s board of governors.
The selections have an international feel. Fischer has most recently been the head of the Bank of Israel. He also spent two decades in Washington dealing with global economic crises as the No.2 at the International Monetary Fund.
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