Morning Scan: Fed's Community Banker Nomination; Bitcoin Exchan...
01/07/15
Receiving Wide Coverage ...
Fed Personnel: Bankers applauded President Obama's nomination of former Bank of Hawaii CEO Allan Landon to the Federal Reserve's Board of Governors. Former American Bankers Association CEO Edward Yingling said Landon's nomination has an "excellent" chance to be confirmed by the Senate, because a large number of lawmakers support having a community banker on the Fed board. Republicans, although they now control the Senate and would normally be hostile to an Obama...
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