Fed Nominee Stein Receives Enough Senate Votes for Confirmation

Jeremy Stein
Jeremy Stein speaks during a Senate Banking Committee hearing in Washington, D.C. on March 20, 2012. Photographer: Andrew Harrer/Bloomberg

Harvard University Professor Jeremy Stein received sufficient votes in the U.S. Senate to win confirmation to the Federal Reserve’s Board of Governors.

Stein received more than 60 votes for the seat. A vote on President Barack Obama’s other nominee, Jerome Powell, is scheduled to follow the vote on Stein.