Pressure Grows on Adminsitration to Fill Fed, FDIC Seats

American Banker, Nov. 3, 2019–Neil Haggerty (subscription)
The Federal Reserve has become one of President Trump’s favorite targets. He frequently taunts Fed Chairman Jerome Powell. But at the same time, the administration has struggled with filling two vacant seats on the seven-member Fed board, leaving many in Washington perplexed over why the process has stalled.