Naaahhhh
Paul Volcker, the former Federal Reserve chief President Obama tapped in early February to head up a board offering outside economic advice, doesn't sound happy that the panel has yet to hold a formal meeting.
"The whole organizational side of this has been a nightmare," Volcker told the Wall Street Journal on Saturday.
The story echoes a report last month in POLITICO about the slow takeoff of the president's Economic Recovery Advisory Board and how legal constraints on such groups have complicated the process. A Bloomberg report last month also mentioned, in passing, the former Fed chair has been "kept out of major policy decisions, associates say. Volcker was named to head a White House economic advisory board, and then several of his choices for that board were vetoed by the White House."
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