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Obama to nominate Fischer, Brainard, Powell to Fed's Board of Governors

( January 10, 2014, 16:58 GMT | Official Statement) -- MLex Summary: Stanley Fischer, Lael Brainard and Jerome Powell will be nominated by President Barack Obama to serve on the US Federal Reserve's Board of Governors, according to a Friday statement. Fischer is Obama's choice for Fed vice chairman to replace Janet Yellen, who was approved by the US Senate this week to become the next Fed chairman. Statement follows in full. ...

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