Jerome H. (“Jay”) Powell was named chair pro tempore in a vote Friday of the Federal Reserve Board, ensuring Powell’s ability to continue to carry out his duties as chair as he awaits Senate confirmation […]
Twelve days after a confirmation hearing to consider the nominations of three to the Federal Reserve Board, the Senate panel charged with making a recommendation to the full Senate will take a vote on that […]
Federal Reserve policymakers may be on the verge of raising interest rates to deal with rising inflation – by March, that is – but financial stability continues to be solid, the chairman of the agency […]
Diversity – not in the context of race or culture, but in geography and professional experience – may be the hurdles that at least one senator insist be cleared before four Federal Reserve nominees get […]
Ensuring a strong and resilient financial system, with increased capital and liquidity requirements for large banks, was among the accomplishments cited by the chair of the Federal Reserve in testifying for himself for another term […]
There will soon be three vacancies on the governing board of the nation’s central bank, as the current vice chair resigned, effective at week’s end, Monday. Citing the fact that his term as Federal Reserve […]
Separate hearings on the nominations of candidates for chair and vice chair of the Federal Reserve Board will be held Jan. 11 and 13, respectively, the Senate Banking Committee said Wednesday. The hearing for Federal […]
More than 90 nominations were sent to the Senate Tuesday by the White House – including three for federal regulatory agencies, even though their names had been already submitted last year and (in one case) […]
Risks to financial stability in the current economy were downplayed by Federal Reserve Board Chair Jerome H. (“Jay”) Powell during a press conference Wednesday, as he asserted that the four components of stability were generally […]
Analysis of central bank digital currencies (CBDCs), and their uses, will be aided by the just-opened New York Innovation Center, the chair of the Federal Reserve said Monday in opening the new facility. Federal Reserve […]
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