Trump nominates ex-Fed economist Liang for Fed board seat - officials

WASHINGTON (Reuters) - U.S.

Reuters September 20, 2018 04:05:09 IST
Trump nominates ex-Fed economist Liang for Fed board seat - officials

Trump nominates exFed economist Liang for Fed board seat  officials

WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday nominated former Federal Reserve economist Nellie Liang to the U.S. central bank’s board of governors, two White House officials said.

Liang established the Fed's Division of Financial Stability in 2010. She joined the Brookings Institution in 2017.

The officials, who spoke on condition of anonymity, told Reuters that Liang has a strong background on financial and monetary stability, including crisis response, and is considered a good fit for the Fed board.

Liang is a senior fellow in economic studies at the Brookings Institution and a visiting scholar at the International Monetary Fund's monetary and capital markets department.

She previously served as director of the division of financial stability at the Fed board of governors.

(Reporting by Steve Holland; Editing by Tim Ahmann and James Dalgleish)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

Pulitzer Prize-winning photojournalist Danish Siddiqui killed in Afghanistan: Politicans, journalists pay tributes
India

Pulitzer Prize-winning photojournalist Danish Siddiqui killed in Afghanistan: Politicans, journalists pay tributes

The Pulitzer prize winner, who was in Kandahar covering operations against Taliban, was killed when he was riding along with the Afghan Special Forces

Indian photojournalist Danish Siddiqui killed during assignment in Afghanistan's Kandahar province
India

Indian photojournalist Danish Siddiqui killed during assignment in Afghanistan's Kandahar province

Siddiqui had also covered the 2020 Delhi riots, COVID-19 pandemic, Nepal earthquake in 2015 and the protests in Hong Kong

Danish Siddiqui's passing is a reminder of the high price one pays for showing the truth
India

Danish Siddiqui's passing is a reminder of the high price one pays for showing the truth

Danish's photographs were not just documentation, but the work of someone who went down to eye-level, as they say in photographic parlance.