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

political news shows political buttons political world news political issues today