Today news
About the same in other media
Biden Pick of Powell for Fed Chairman Marks Rare Split With Warren
Reading now: 535
WASHINGTON—Sen. Elizabeth Warren’s opposition to President Biden’s renomination of Federal Reserve Chairman Jerome Powell marks her most public break with her one-time presidential rival, whose economic policy and personnel choices she has helped shape.
Ms. Warren said Monday that she would vote against Mr. Powell’s nomination for a second term as Fed chairman, a move that was widely expected after she assailed Mr. Powell in September as a dangerous man who would weaken banking rules. She announced her support for Fed governor Lael Brainard, who was nominated to serve as Fed vice chairwoman.
Read more on wsj.comAbout this in other media
High Inflation, Falling Unemployment Prompted Powell’s Fed Pivot wsj.com /2 years ago
Biden tightens rules for travellers amid Omicron fears fnlondon.com /2 years ago
Lummis says Fed is 'violating the law' with Wyoming blockchain bank delays cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
