The Daily Caller

The Daily Caller

Huh? Politico issues correction, but why?

It boggles mind why Politico felt the pressing need to issue a second breaking news alert on this earlier today.

At 10:35 a.m. – The White House on Friday announced that President Barack Obama intends to nominate Stanley Fischer, the former head of Israel’s central bank, to serve as the vice chairman of the Federal Reserve. The president also intends to nominate Lael Brainard, the former Treasury undersecretary for international affairs, to the Fed board, and will nominate current Fed Governor Jerome Powell to serve a full, five-year term. “These three distinguished individuals have the proven experience, judgment and deep knowledge of the financial system to serve at the Federal Reserve during this important time for our economy,” Obama said in a statement announcing the nominations.

At 10:44 a.m. — Corrected: The White House on Friday announced that President Barack Obama intends to nominate Stanley Fischer, the former head of Israel’s central bank, to serve as the vice chairman of the Federal Reserve. The president also intends to nominate Lael Brainard, the former Treasury undersecretary for international affairs, to the Fed board, and will nominate current Fed Governor Jerome Powell to serve a full term. “These three distinguished individuals have the proven experience, judgment and deep knowledge of the financial system to serve at the Federal Reserve during this important time for our economy,” Obama said in a statement announcing the nominations.