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Stein, who previously worked for the Obama administration as  an adviser to the Treasury secretary and a National Economic Council staff  member, 471-34-1 specializes in stock price behavior,  corporate investment and financing decisions, risk management and capital  allocation inside firms. 1310-73-2 He declined to comment on his nomination.  
The choice of Powell, who served at  the Treasury during President George H. W. Bushs term in the late 1980s and  early 1990s, could be aimed at mollifying Senate Republicans. They blocked Peter  Diamond, a Massachusetts Institute of Technology economist, saying the Nobel  prize winner was not qualified for the job and was too sympathetic to government  intervention in the economy. 
Powell is  a lawyer by training and worked at Dillon, Read and Bankers Trust Co. after  leaving the senior Bush administration and before joining Carlyle Group. 1345-05-7 His knowledge of financial markets could  help him fill the gap left by Kevin Warsh, a former Morgan Stanley executive who  acted as Chairman Ben Bernankes point-man for crisis negotiations.
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