The Senate’s votes to approve Jeremy Stein and Jerome Powell bring the seven-member Federal Reserve board to full strength for the first time since 2006.

The Senate has confirmed President Barack Obama#39;s two nominees to the Federal Reserve Board, bringing the seven-member board to full strength for the first time since April 2006.

WASHINGTON (Reuters) - Senate Republicans blocked legislation for new economic sanctions on Iran#39;s oil sector on Thursday saying they needed more time to study the bill, a surprise move that drew anger from Democrats who wanted approval ahead of nuclear talks next week. quot;I feel I#39;ve been jerked around,quot; Democratic leader Harry Reid said on the Senate floor after Republicans said they could not ...

WASHINGTON (Reuters) - The Senate on Thursday confirmed two nominees to the Federal Reserve, bringing its short-handed board up to full strength for the first time since 2006 as it wrestles with a tepid economic recovery and a revamp of U.S. financial rules. The Senate voted 70-24 to confirm Harvard economist Jeremy Stein and 74-21 to confirm investment banker Jerome Powell. ...

The South Carolina Senate on Wednesday approved a pension reform plan that puts most of the changes on new employees.