Way under the radar:

Via Economist's View (quoting Bloomberg), we learn the following: (Feb 10)

Most of President George W. Bush's nominees to the Federal Reserve have earned accolades from across the economic and political spectrums. And then there's Kevin Warsh. Bush's nomination of the 35-year-old White House aide -- a lawyer by training who would become one of only two members of the Fed's seven-member board of governors without a Ph.D. in economics -- has been greeted by criticism and bewilderment by some former Fed officials and economists. They point to his political connections and inexperience, and say the White House could have found a better-known, more qualified choice.

[...]

If both Warsh and [another appointee] are confirmed, said Fed-watcher Schlesinger, "for the first time in recent decades, and maybe the first time ever, the board would include three governors who recently served in the administration that appointed them.'' That, he said, "unavoidably make the board a more political cast.''

posted by Quiddity at 2/13/2006 07:43:00 AM