Latest Ivy League Stories
WASHINGTON (Reuters) - The U.S. Senate is likely to hold a confirmation vote on the nomination of White House adviser Ben Bernanke to be chairman of the Federal Reserve on January 31, according to a report citing a Senate leadership spokesman. A vote of approval by the full Senate is the final hurdle Bernanke faces before he can take the reins at the U.S. central bank. Fed Chairman Alan Greenspan's nonrenewable term as a member of the Fed's board expires on January 31. If Bernanke is...
By Tim Ahmann and Caren Bohan WASHINGTON (Reuters) - The White House is looking to complement Federal Reserve chairman-nominee Ben Bernanke's academic expertise in monetary policy by filling other open Fed board seats with candidates with a grounding in financial markets and regulatory issues, Republican sources said. White House aide Kevin Warsh and former administration officials Randall Kroszner and Richard Clarida are among those in the running for two open seats on the Fed's Board...
CAMBRIDGE, Mass. (AP) -- Harvard University is joining the long-running debate over the theory of evolution by launching a research project to study how life began. The team of researchers will receive $1 million in funding annually from Harvard over the next few years. The project begins with an admission that some mysteries about life's origins cannot be explained. "My expectation is that we will be able to reduce this to a very simple series of logical events that could have taken...
By Tim Ahmann and Caren Bohan WASHINGTON (Reuters) - The White House is not wedded to the candidates most often cited as potential successors to Federal Reserve Chairman Alan Greenspan and wants to cast a wider net, sources close to the Bush administration said on Thursday. "It's a very loose stage of gathering names and trying to think broadly about everyone who could conceivably be possible," one source said. "There is no list, per se." Greenspan, who has led the U.S. central bank since...
