Federal Reserve System

Diamond abandons Fed ambitions

Peter Diamond pulls out of race to become the next Federal Reserve governor; says “shortcomings” in confirmation process and “fundamental misunderstandings” in conducting monetary policy to blame

Fed research director to retire

David Stockton, director of the division of research and statistics, will leave the Federal Reserve Board at the end of September after 30 years

Fed veteran joins Barclays

Former Federal Reserve director of monetary affairs Brian Madigan appointed senior policy adviser at Barclays Capital

Interview: Kevin Warsh

On the eve of his departure from office, the Fed governor talks to Blair Baker about the forces behind the financial crisis and why we remain far from fixing the system

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