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Senate confirms Miller as new Fed chairman
The Senate votes to confirm industrialist G William Miller as chairman of the Federal Reserve Board amid controversy. Proxmire alleges insufficient qualifications and a cloud of potential civil or criminal jeopardy, while other senators defend Miller's integrity after a six week investigation. The move comes as inflation unemployment and the dollar quality dominate economic policy debates.
MENTIONED IN THIS ARTICLE
Washington
Senate
G. William Miller
Federal Reserve Board
Banking Committee
William Proxmire
Miller
Textron Inc
Proxmire
Securities and Exchange Commission
Federal Reserve
D-Wis
Arthur Burns
U.S
Textron
Iran
Bell Helicopter
Mohammed Khatami
Khatami
Air Taxi Inc
Bell
Air Taxi
Sales Commission