ylliX - Online Advertising Network
General Market News

Fed names Powell as ‘chair pro tempore,’ allowing him to continue in post awaiting Senate vote

Fed names Powell as 'chair pro tempore,' allowing him to continue in post awaiting Senate vote

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

The Federal Reserve said Friday that its board has voted to name Jerome Powell as “chair pro tempore” to allow him to continue to lead the central bank even though his official term has expired. The Senate is expected to vote in mid-February on President Joe Biden’s nomination of Powell for a second four-year term as Fed Chair.

...read full article on Market Watch

ylliX - Online Advertising Network