Diamond abandons Fed ambitions
Nobel Prize-winning professor Peter Diamond has pulled out of the race to become the next governor of the Federal Reserve.
"It is time for me to withdraw, as I plan to inform the White House," Diamond, an economics professor at the Massachusetts Institute of Technology, wrote in an article published in the New York Times on Sunday. He titled his piece, "When A Nobel Prize Isn't Enough."
Nominated three times by President Barack Obama, Diamond's appointment has faced fierce Republican opposition
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on People
People: Former MAS managing director Hu dies
New chair for Kenya central bank’s board; new member of BoE court; and more
Nigerian president nominates new governor after Emefiele resigns
Tinubu also nominates four deputy governors, despite only one upcoming vacancy
ECB nominates Bundesbank’s Buch as new head of supervision
Governing council votes for German official over Bank of Spain deputy governor
Helder Lopes becomes Timor-Leste central bank governor
Country faces bank lending challenges due to limited land registry
Fabio Panetta to chair CPMI
Eddie Yue to lead emerging market committee, as Perry Warjiyo stays on as Asia committee chair
Timor-Leste to appoint new governor – report
Helder Lopes said to be in line to become second leader of central bank
US Senate confirms Kugler to Fed board
Colombian-American economist becomes first Latinx governor
US Senate confirms Jefferson and Cook for Fed posts
Upper house agrees to vote soon on Biden’s third nominee, Adriana Kugler