Jerome Powell confirmed for second term as Fed Chair
Headline from KTVZ Bend
By Ali Zaslav The US Senate on Thursday overwhelmingly confirmed Jerome Powell to a second term as chairman of the Federal Reserve. The final vote was 80-19. “Few institutions are more important to help steer our economy in the right direction and to fight inflation than the Fed,” said Senate Majori…
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The Senate overwhelmingly confirmed Jerome Powell to a second term as chairman of the Federal Reserve on Thursday, a move that comes at a precarious time for the U.S. central bank as policymakers attempt to tame the hottest inflation in a generation without tipping the economy into a recession.
The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chairman. Only 19 senators from both parties, including Arkansas' John Boozman and Tom Cotton, voted against the confirmation.
Jerome Powell was confirmed to a second term as Federal Reserve chairman. The Senate vote comes as the central bank faces intense pressure to bring down inflation.
Though he led the Fed as it staved off a pandemic-induced economic depression, Powell has been criticized over policy choices as inflation spiked to the highest level in 40 years this spring.
WASHINGTON (AP) — The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell's high-stakes efforts to curb the highest
The 80-19 vote reflects bipartisan support for the Fed's drive to combat surging prices through a series of sharp interest rate hikes possibly into 2023.
The Senate has greenlighted Jerome Powell for another term as Federal Reserve chairman after President Joe Biden asked him to continue serving in the role.
By Ali Zaslav The US Senate on Thursday overwhelmingly confirmed Jerome Powell to a second term as chairman of the Federal Reserve. The final vote was 80-19. “Few institutions are more important to help steer our economy in the right direction and to fight inflation than the Fed,” said Senate Majori…
The US Senate on Thursday confirmed Jerome Powell to a second term as head of the Federal Reserve, as the central bank ramps up its fight to crush soaring
The Senate has confirmed Jerome Powell to serve another term as chairman of the Federal Reserve. It's a powerful job that puts Powell at the center of the fight to control inflation.
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Jerome Powell confirmed for second term as Fed Chair | Since Then