09-04-2015 19:09

Senate seen waiting for Obama until Fed nominee hearing called: sources

By Michael Flaherty and Emily Stephenson WASHINGTON (Reuters) - The Senate Banking Committee is expected to wait to hold a hearing for the nomination of a community banker to the Federal Reserve until the White House moves to fill the central bank's other open seat, according to people familiar with the matter. Waiting gives committee Chairman Richard Shelby more time and options to put his stamp on the central bank, as the Fed still has a seventh empty board seat to fill. Another vacancy a
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