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Tag: Fed chair

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  • Biden to nominate Jerome Powell for second term as Fed chair

    Biden to nominate Jerome Powell for second term as Fed chair

    Powell "has taken too many actions to weaken the Fed's oversight of our largest banks and deregulate Wall Street," and renominating him for another term "is not a risk worth taking," Democratic Senator Elizabeth Warren, who also opposed Powell's nomination in 2018, said in an earlier hearing.

    November 23, 2021
  • Fed chair’s comment boosts market sentiment

    Fed chair’s comment boosts market sentiment

    In overnight trade in Wall Street broader S&P-500 for the first time hit 3,000-mark on Mr Powell's statement. Asia markets turned positive in tandem.

    July 12, 2019