Economics
Bush Nominates Warsh, Kroszner to Fill Fed Vacancies
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President George W. Bush nominated economic aide Kevin Warsh and University of Chicago economist Randall Kroszner to the Federal Reserve Board, filling two vacancies in a year of transition for the central bank.
Warsh, 35, an investment banker at Morgan Stanley in New York from 1996 to 2002, has been executive secretary of Bush's National Economic Council and special assistant for economic policy. Kroszner, 43, has taught at Chicago since 1990 and was on Bush's Council of Economic Advisers from 2001 to 2003.