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View Full Version : Economics Labor Leader Named Head of New York Fed


petegz28
08-25-2009, 12:12 PM
The Federal Reserve chose a labor leader to succeed a former Goldman Sachs executive as the chairman of the Federal Reserve Board of New York's private-sector board of directors.

Denis Hughes, president of the New York state branch of the AFL-CIO, had been serving as acting chairman of the New York Fed board since May, when Stephen Friedman stepped down from the position.


http://online.wsj.com/article/SB125112547653253819.html


How ironic....this guy is a supporter of the Obama health care plan as well....