Financial industry supports Obama's nominees to Fed

Goldman Sachs Group, JPMorgan Chase and an industry group have offered their support of President Barack Obama's two nominees -- a Republican and a Democrat -- to the Federal Reserve. But Sen. David Vitter, R-La., continues to oppose the nominees: Jerome Powell, a former private-equity executive, and Jeremy Stein, an economics professor at Harvard University.

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Banks Back Obama's Fed Nominees - - Wall Street Journal, The

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