Hi there,

With lies and disinformation flooding the media landscape, and the Trump administration increasing its attacks on journalists, the need for independent news questioning and challenging those in power is more critical now than ever. We do not take any government or corporate funding, so we can remain unwavering in our commitment to bring you fearless trustworthy reporting on the issues that matter most. If our journalism is important to you, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!

Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

White House Unveils Fed Nominees

HeadlineDec 28, 2011

The White House has announced plans to nominate two former Treasury Department officials to the Federal Reserve. Jeremy Stein, a Democrat, is a Harvard University professor who has served on the White House National Economic Council and as an adviser to Treasury Secretary Timothy Geithner. Meanwhile, Jerome “Jay” Powell, a Republican, is a former financial executive who worked under George H. W. Bush. He spent nearly a decade with the private equity firm, the Carlyle Group, and worked as a lawyer and investment banker on Wall Street.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top