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How long did Republican opposition hold up Diamond's Federal Reserve nomination?
6 months
10 months
14 months
2 years
Answer
Republican opposition held up Diamond's Federal Reserve nomination for 14 months due to concerns about his lack of experience in monetary policy and his support for increased financial regulation. Despite these concerns, Diamond was ultimately confirmed by the Senate in a 56-34 vote.
Diving into Economics: The Peter Diamond Quiz!
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