Senate Confirms New Chair Of The Federal Reserve

Newsy Donald TrumpDonald Trump
Wednesday, 24 January 2018 ()
Senate Confirms New Chair Of The Federal ReserveWatch VideoThe Senate just overwhelmingly voted to confirm Jerome Powell as the new chair of the Federal Reserve. 

Powell will take over for Janet Yellen, who leaves the job early next month. President Donald Trump nominated Powell back in November.

Powell has been on the Fed's board of governors since 2012. In that...
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News video: Next Fed Chair Confirmed

Next Fed Chair Confirmed 00:35

 A majority of the U.S. Senate voted Tuesday to confirm a new head to the Federal Reserve. Jerome Powell was confirmed as the next head of the central bank. This will likely ensure continuity in monetary policy. Powell was seen as an uncontroversial pick with views closely aligned with current Fed...