Profiles of President Barack Obama's two nominees to the seven-member Federal Reserve Board who were confirmed by the Senate on Thursday.
Born: Oct. 17, 1960
Education: Graduated from Princeton in 1983 and earned a PhD in economics from Massachusetts Institute of Technology in 1986.
Current job: Economics professor at Harvard University since 2000.
Previous jobs: Economics professor at MIT from 1990 to 2000. Also worked briefly in government, first as a senior staff economist at the Council of Economic Advisors in the administration of President George H.W. Bush, and later as a senior advisor at the Treasury Department and on the staff of the National Economic Council under President Barack Obama.
Born: Feb. 4, 1953
Education: Graduated from Princeton University in 1975 and earned a law degree from Georgetown University in 1979.
Current job: Visiting scholar at the Bipartisan Policy Center since the summer of 2010.
Previous jobs: Worked as undersecretary for finance at the Treasury Department during the administration of President George H.W. Bush from 1990 to 1993. Also worked at investment bank Dillon Read & Co. and also at the Carlyle Group, a private equity firm.