The Senate confirmed banker Elizabeth Duke for a seat on the Federal Reserve on Friday, but declined to act on two other long-stalled nominees to the central bank.
Ms. Duke is the chief operating officer of Portsmouth, Virginia-based TowneBank, which has $2.6 billion in assets.
She majored in drama at the University of North Carolina at Chapel Hill and has an MBA from Old Dominion University.
I guess that's the qualification!
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