NU Online News Service, June 27, 11:29 a.m. EDT
Former Kentucky Insurance Commissioner Roy Woodall will be President Obama's nominee for the insurance member of the Financial Stability Oversight Council (FSOC).
Last week, NU Online News Service reported that the White House was believed to be conducting a background check on Woodall in anticipation of nominating him as the independent member of the FSOC with insurance expertise.
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