Economy - Friday (Investor's Business Daily)

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Investor's Business Daily - The Senate confirmed Elizabeth Duke to join the Fed's 7-member Board of Governors, more than a year after President Bush nominated her and Larry Klane to fill empty seats. Klane still hasn't been confirmed. Bush also has appointed Fed Gov. Randall Kroszner to a new term. Dems aren't moving on that either, though he can stay in office until a replacement is named. Fed Gov. Frederic Mishkin will step down at the end of Aug.

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