May 25, 1994 |
The nomination of economist Alan Blinder to the Federal Reserve Board was approved, 15 to 0, Tuesday by the Senate Banking Committee.
February 19, 1994 |
Blinder Top Candidate for Fed Post: Alan Blinder, a member of President Clinton's economic brain trust and former Princeton University economist, is the leading candidate to take the No. 2 post at the Federal Reserve, Administration officials said. The position at the powerful central bank unexpectedly opened up early this month with the departure of David Mullins. Blinder, 48, has served the past year on the White House's Council of Economic Advisers.
January 4, 1993 |
Alan Blinder, a 47-year-old economics professor at Princeton University, will be a member of the Council of Economic Advisers, a published report says. President-elect Bill Clinton offered the seat and Blinder accepted, the New York Times reported in today's editions. Blinder's appointment is likely to be announced this week. He will serve under Laura D'Andrea Tyson, a Stanford University economist appointed earlier as head of the council.
May 7, 1994 |
Blinder Vows to Fight Inflation: In a confirmation hearing before the Senate Banking Committee, President Clinton's nominee for the No. 2 position at the sought to dispel suggestions that he would be soft on inflation. Alan S. Blinder, the nominee for Fed vice chairman and the first Democratic appointment to the central bank in 14 years, said a further rise in short-term interest rates would probably not roil financial markets as severely as earlier this year.
January 17, 1996 |
Federal Reserve Board Vice Chairman Alan Blinder is expected to announce today that he is stepping down as the No. 2 man at the powerful central bank, Clinton administration sources said Tuesday. During his 1 1/2-year stint at the Fed, Blinder has played a key role in shaping interest rate policy and has led a drive to make the central bank more open.
January 18, 1996 |
Tight monetary policies--and Alan Greenspan, their architect at the Federal Reserve--are apparently sticking around for another four years. That, according to Fed watchers, was the signal sent Wednesday by Alan Blinder's decision to leave his post as vice chairman of the Federal Reserve System's Board of is Governors. Blinder had been considered a possible successor to Greenspan as Fed chairman when Greenspan's term expires March 2.