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APR 03, 2014 - San Francisco Chronicle

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Fed board member Stein announces resignation

Obama has also nominated Lael Brainard, who served as Treasury undersecretary for international affairs during Obama's first term, and Jerome Powell, a Republican, who Obama has nominated for another term of the Fed board. Yellen was a close ally of former Fed Chairman Ben Bernanke in his efforts to revive the economy following the Great Recession of 2007-2009 and Obama's ...

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