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Senator Elizabeth Warren, during a Senate Banking Committee nomination hearing in Washington, D.C.
John Williams’ cross-country path from the San Francisco to the New York Fed could be a bumpy one.
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A committee that has been looking to replace William Dudley at the central bank’s critical New York branch apparently has centered in on Williams as a successor, sources have told CNBC.
While Williams carries a wealth of experience from a Fed career that began in 1994, his appointment could stir controversy from a number of angles. Williams would replace William Dudley, who announced his retirement effective around midyear.