Can you confirm that Janet Yellen is the leading candidate for nominee as vice chairman, and that SarahRaskin and Peter Diamond are under consideration for other vacancies?
In a recent House Financial Services Committee hearing regarding the proposed Durbin Amendment, members of Congress questioned the Federal Reserve Governor Sarah Bloom Raskin over the proposed rule and its impact on small banks and credit unions.
He won two supporting votes with the addition of Janet Yellen and Sarah Bloom Raskin to the Fed's Board of Governors, and could get another if the full Senate gets around to confirming nominee Peter Diamond this year.