Capital Briefs: Senate Panel to Vote on Regulatory Picks

The Senate Banking Committee is expected to approve nominations Wednesday to the Federal Reserve Board and Office of Thrift Supervision, as well as other financial industry regulatory appointments.

University of Michigan professor Edward M. Gramlich and McKinsey & Co. consultant Roger W. Ferguson were nominated in July by President Clinton to fill two seats on the Fed's Board of Governors. Ellen S. Seidman, who worked at the National Economic Council, was tapped in January to be OTS director.

Also under consideration will be Dennis Dollar's appointment to the National Credit Union Administration Board and two nominations to the Securities and Exchange Commission: Senate Banking Committee aide Laura S. Unger and White House staffer Paul R. Carey.

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