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Harvard’s Jeremy C. Stein sworn in to Fed board

  May 31, 2012

Harvard University economist Jeremy C. Stein, an advocate for tougher financial regulation, was sworn in as a member of the Board of Governors of the Federal Reserve System Wednesday in Washington. The oath of office was administered by chairman Ben S. Bernanke. Stein, who supported government intervention that helped US banks survive the financial crisis but later criticized aspects of the bailout, was nominated to serve on the board by President Obama in December.

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