The Senate is having hearings on Elena Kagan for a seat on the Supreme Court. She has been prominent in the news and the topic of discussion on all the talk shows just like the previous nominee Sonia Sotomayor. There was a poll about whether Americans could identify the justices of the Supreme Court. Hardly anyone could. However, more named Clarence Thomas than any other justice. So here is a test. Who are Peter Diamond, Sarah Raskin, and Janet Yellen? They too have been nominated by Obama and will have hearings before the Senate. They are in some ways just as important and maybe more important that Kagan and Sotomayor but hardly a word has been written on their confirmation hearings. No talk show host has been ranting and railing about them. No lobbying group has organized a campaign against them. The senate has not threatened a filibuster. Talk about being under the radar! So who are they? They are nominees to the Federal Reserve's Board of Governors!
Harold A. Black is professor emeritus in the Department of Finance, University of Tennessee, Knoxville having retired after 24 years of service. He has served on the faculties of American University, Howard University, the University of North Carolina - Chapel Hill and the University of Florida. His government service includes the Office of the Comptroller of the Currency and as a Board Member of the National Credit Union Administration. He also has served on the boards of directors Home Savings of America and its parent company, H. F. Ahmanson & Co., Irwindale, California prior to its merger with Washington Mutual Savings Bank, on the board of New Century Financial Corporation, Irvine, California, then the nation’s largest real estate investment trust and as director and later chairman of the Nashville Branch of the Federal Reserve Bank of Atlanta. He writes an occasional article for the Knoxville News-Sentinel at http://www.knoxnews.com/staff/dr-harold-black/. His web page is haroldablackphd.com