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Senate Prepares to Confirm Jerome Powell to Second Term Leading Federal Reserve
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The Senate is poised to confirm Federal Reserve Chairman Jerome Powell to a second four-year term that is shaping up to be every bit as trying as his first term as the central bank faces the highest inflation in 40 years.
Mr. Powell’s nomination, scheduled for a Senate vote on Thursday afternoon, has been on track for months to win bipartisan approval despite unease over inflation and aggressive interest-rate increases that the Fed has urgently commenced to cool price pressures.
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Powell Says Fed Has Resolve to Bring U.S. Inflation Down wsj.com /2 years ago
Powell says the Fed will not hesitate to keep raising rates until inflation comes down cnbc.com /2 years ago
Stock futures fall slightly with S&P 500 teetering on edge of a bear market cnbc.com /2 years ago
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