White House: Bush to tap Warsh, Kroszner for Fed
Posted on: Friday, 27 January 2006, 12:47 CST
WASHINGTON (Reuters) - President George W. Bush plans to nominate Kevin Warsh and Randall Kroszner for open seats on the U.S. Federal Reserve's Board of Governors, the White House said on Friday.
White House spokesman Scott McClellan announced the decision at a news briefing.
Warsh, a former investment banker, has worked on the White House National Economic Council since 2002, focusing on domestic finance and capital market issues.
Kroszner, a professor at the University of Chicago, specializes in international finance and financial regulatory issues. He served as a member of Bush's Council of Economic Advisers from November 2001 to July 2003.
Source: REUTERS
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