U.S. President Barack Obama on Tuesday nominated a Harvard professor and a former Treasury official to serve on the Federal Reserve Board of Governors. Professor Jeremy Stein is an expert in the movement of stock prices, risk management and banking, while Jerome Powell was a former undersecretary for finance under the first president George Bush. “Their distinguished backgrounds and experience…
By Ana Marie Cox, The Guardian
Read More
By Amanda Marcotte
Read More
By Amanda Marcotte
Read More
Raw Story is a progressive news site that focuses on stories often ignored in the mainstream media. While giving coverage to the big stories of the day, we also bring our readers' attention to policy, politics, legal and human rights stories that get ignored in an infotainment culture driven solely by pageviews.
Founded in 2004, Raw Story reaches 5 million unique readers per month and serves more than 19 million pageviews.
Copyright © 2004-2013 Raw Story Media, Inc. All rights reserved.