White House considers bank experts for Fed board: sources

WASHINGTON Wed Apr 23, 2014 5:20pm EDT

WASHINGTON (Reuters) - The White House is weighing candidates with community banking backgrounds to fill gaps on the Federal Reserve's powerful but depleted board, according to sources familiar with the efforts.

Diana Preston, a lawyer who recently left a post at the American Bankers Association, which represents many small banks, is one of those under consideration, two sources said.

(Reporting by Jonathan Spicer and Emily Stephenson; Editing by Meredith Mazzilli)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

Recommended Newsletters

Reuters U.S. Top News
A quick-fix on the day's news published with Reuters videos and award-winning news photography and delivered at your choice of one of four times during the day.
Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.
Reuters Technology Report
Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents.