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Regions / Americas

Fed governor Jeremy Stein resigns

Staff | April 7, 2014

In a letter dated April 3, Federal Reserve governor Jeremy Stein has tendered his resignation to President Barack Obama. He will leave the Fed on May 28, 2014 to return to his previous teaching position at Harvard University’s economics department. Mr Stein, who joined the Fed in 2012 on loan from Harvard University, needed to return within two years to keep his professorship.

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