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Summary Box: White House mulls Fed openings

Posted 03 3 2010 5:34PM

SEEKING FED MEMBERS: Treasury Secretary Timothy Geithner and economic adviser Larry Summers are leading White House efforts to find candidates for the . will make the final picks, which must be confirmed by the Senate.

WHAT'S AT STAKE: Obama gets a chance to reshape the seven-member Fed board. There are two vacancies now; a third will come when leaves in late June.

POWER OVER ECONOMY: The Fed's interest-rate decisions influence the economy, inflation and employment.

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