Monday, June 06, 2011

Peter Diamond withdraws

MIT economist Peter Diamond is withdrawing his name from nomination to the Federal Reserve, now that it is clear that the Republicans in the Senate will  continue to block a vote on the nomination.  I am personally saddened by this outcome, as I was when the renomination of Randy Kroszner was similarly blocked by the Democrats a few years back.

Here is Peter's op-ed about the mattter.