FMC report shows Fed governors get richer

The Federal Reserve Board's governors have grown steadily richer in the last year as President George Bush's appointments have reshaped the board of governors, research by the Financial Markets Center shows.

The Senate's July confirmation of Columbia University economics professor Frederic Mishkin in addition to the 2006 appointments of Estee Lauder heir Kevin Warsh and economist Randall Kroszner have pushed the combined low-end values of assets held by Fed governors from $18 million in 2005 to

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