Lael Brainard, the U.S. Treasury Department’s top international official, is likely to be nominated to the Federal Reserve Board, according to a person familiar with the decision who requested anonymity.
The xx appeared as shadows behind a mesh screen hanging in front of the stage at Toronto’s Massey Hall on Oct. 23. Water images and florescent colors blended on the screen while the band opened with “Angels.”
The plunge in shares of Suntech Power Holdings Co., the Chinese solar-panel maker forced into bankruptcy last month, highlights risks with structured notes that can leave investors exposed to collapsing equities.
White House Chief of Staff William Daley, appointed by President Barack Obama in January to improve relations with the business community, said he plans to leave the administration after the 2012 election.
President Barack Obama “walked away” from his bipartisan U.S. deficit-cutting commission’s plan “because he knew he’d be torn to bits,” said former Republican Senator Alan Simpson, who was co-chairman of the panel.