STAFF REPORTER
On June 5 Peter A. Diamond PhD ?63 announced that he would withdraw his nomination to the Federal Reserve Board of Governors. Senate Republicans had repeatedly blocked President Barack Obama?s nomination of Diamond, an MIT professor of economics and the 2010 Nobel Prize winner. Diamond explained his decision and delivered an indictment to partisan politics in his June 6 New York Times opinion column ?When a Nobel Prize Isn?t Enough.? Obama first named Diamond as a candidate to fill one of three long-standing vacancies on the Federal Reserve Board in April 2010.
No comments:
Post a Comment