Federal Reserve Board governors on Friday voted to name Jerome (“Jay”) Powell as chair pro tempore, a designation that the Fed said will continue until Kevin Warsh is sworn in as new chair. That swearing […]
The need to strengthen supervision and regulation of banks of the size of the failed Silicon Valley Bank (SVB) was reiterated by the chief of the nation’s central bank in recent remarks before a financial […]
Jerome. H. (“Jay”) Powell and Lael Brainard were sworn in Monday to terms as chair and vice chair of the Federal Reserve Board Monday, the Fed announced, noting also the swearing in of Lisa D. […]
Jerome Powell and Lael Brainard’s remarks upon being designated the president’s nominees for Federal Reserve chair and vice chair highlighted numerous priorities ahead that include, among others, reining in inflation. “We know that high inflation […]
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