Tag Archives: fed chair

On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some ...

The Senate confirmed Jerome Powell as the 16th chairman of the Federal Reserve on Tuesday after an 85-12 vote in favor of his confirmation. Powell will take over ...

The Senate Committee on Banking, Housing, and Urban Affairs today met to revisit the nominations of Jerome Powell as Chairman of the Board of Governors of the Federal Reserve ...

After the Fed's confirmation that an interest rate hike is happening, Fed Chair Janet Yellen turned her attention to the possible economic impacts of tax reform.

With the Senate Banking Committee's approval, Powell's nomination now heads to the full Senate for a vote, which is expected to meet little resistance.

The Fed Chair nominee faced questions from both sides of the aisle, during which he called for smarter regulation, described cybersecurity as one of the primary threats to the financial system, and described housing reform as “unfinished business.”

Yellen’s resignation cuts short a term as Fed governor which would have extended to 2024. Her departure marks the end of a controversial term which saw the Fed greatly swell its balance sheet.