November 9, 2017 / 1:29 AM / a year ago

U.S. Senate panel sets Nov. 28 confirmation hearing for Fed chair nominee Powell

WASHINGTON, Nov 8 (Reuters) - The U.S. Senate Banking Committee will hold a confirmation hearing for Jerome Powell, President Donald Trump’s nominee for chairman of the Federal Reserve Bank, on Nov. 28, the committee said in a statement on Wednesday.

Trump last week tapped Fed Governor Powell, 64, to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but signaling a continuation of her cautious monetary policies. (Reporting by Howard Schneider; Writing by Mohammad Zargham; Editing by Eric Beech)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below