Forum Post: Meet Jerome 'Jay' Powell, The Former Wall Streeter That President Obama Just Nominated To The Fed
Posted 1 year ago on Dec. 28, 2011, 8:29 a.m. EST by aahpat
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"Jerome "Jay" Powell may soon be the Fed's Wall Street guy.
Yesterday, President Barack Obama announced that he would be nominating Powell, a Republican, and Democrat Jeremy Stein to fill the two vacant seats on the Federal Reserve Board. The Washington Post points out that Powell would bring an industry voice to the board, whereas Stein, a Harvard finance professor, would offer up an academic perspective."