NYT: Obama Picks Michigan Professor for Fed Board

Obama Picks Michigan Professor for Fed Board

WASHINGTON — President Obama said on Monday that he would nominate Kathryn M. Dominguez, a professor of economics at the University of Michigan, to a seat on the Federal Reserve’s Board of Governors.

Well I got nothing. Except to note that Ann Arbor is not on ANY large body of water whether Freshwater OR Saltwater. So who is Prof. Dominguez? And what does this appointment indicate for Obama policy preferences going forward?

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