Washington takes sides ahead of Obama's Fed bank pick | Bangkok Post: news

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Washington takes sides ahead of Obama's Fed bank pick

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As US President Barack Obama narrows his choices to head the Federal Reserve, focus in Washington has centered on two brilliant economists with divergent styles -- both said to be top contenders for the powerful post. 

The seal of the Federal Reserve Board of Governors during a press conference on June 19, 2013 in Washington, DC. As US President Barack Obama narrows his choices to head the Federal Reserve, focus in Washington has centered on two brilliant economists with divergent styles -- both said to be top contenders for the powerful post.

Fed Chairman Ben Bernanke is widely expected to retire when his current term ends in January, relinquishing a post seen not only as one of the most influential in the US capital, but the entire world.

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