With the impending retirement of Federal Reserve Vice-Chair Don Kohn, it’s time for President Obama to get serious finally about filling some long-empty seats at the Fed.
In June three out of seven spots on the board will be open. Incredibly, one of those seats has been empty since August 31, 2008 when Frederic Mishkin stepped down (uncanny timing on his part, considering the financial crisis that soon followed).
Full story: Hunting for Fed governors: The candidates via CNN