TITLE

JPM Loss Helps Dems Confirm Fed Board Nominees

AUTHOR(S)
Wack, Kevin
PUB. DATE
May 2012
SOURCE
American Banker;5/18/2012, Vol. 177 Issue F319, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the confirmation of two nominees to the U.S. Federal Reserve's Board of Governors, Jeremy Stein and Jerome Powell, from the perspective that JPMorgan Chase's $2 billion trading loss helped Senate Majority Leader Harry Reid obtain the votes needed for confirmation.
ACCESSION #
75273426

 

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