Fed Nominations Planned Soon, Says Obama Economic Council Chief

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President Barack Obama plans to nominate two people soon to fill vacancies on the U.S. Federal Reserve Board, said Jeffrey Zients, White House National Economic Council director.

“We’re absolutely committed to filling those spots,” Zients said, appearing on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend. “We will nominate folks soon. This is a high priority and we’re working on it.”