Two Out of Three

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"Two Out of Three"

After months of pointless delay, Janet Yellen and Sarah Bloom Raskin were confirmed to their spots on the Federal Reserve Board of Governors on voice votes. MIT Professor Peter Diamond is still languishing in process limbo.

I’m hoping that adding these voices to the Fed will help spur change, but unfortunately though the confirmation process has taken forever it hasn’t shed any light on what these people actually think.

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