Fed pick is likely to be blocked again

A Nobel Prize isn't enough to change Sen. Richard C. Shelby's mind about Peter Diamond. The Alabama lawmaker said Tuesday that Diamond is still not qualified to sit on the Federal Reserve Board.

Source: http://www.washingtonpost.com/wp-dyn/content/article/2011/03/09/AR2011030900990.html?wprss=rss_politics

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