Investor's Business Daily (06/30/08) P. A2
The U.S. Senate has confirmed Elizabeth Duke as the newest addition to the Federal Reserve's seven-member Board of Governors, a decision that came more than a year after President Bush nominated her and Larry Klane to fill two vacancies. Klane continues to await confirmation. The White House has also appointed Fed Gov. Randall Kroszner to a new term, but Capitol Hill Democrats are not moving any faster on that confirmation. Under current Fed rules, Kroszner can remain in on the job until his appointment is renewed or a replacement is named.
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