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US Senate Banking Commission approves Powell's reappointment of Fed chair

Summary by Reuters
[Reuters] --The Banking Commission of the US Senate approved the reappointment of the chairman of the Federal Reserve Board (FRB) on the 16th. He also approved the appointment of Brainard's Vice-Chairman and Philip Jefferson's appointment. On the other hand, the same number of people agreed and disagreed with Lisa Cook's appointment of directors.

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Wall Street JournalWall Street Journal

Senate Panel Approves Jerome Powell’s Renomination as Fed Chairman

The committee also advanced Fed governor Lael Brainard, the White House nominee to serve as the central bank’s No. 2 official, as well as two others at the Fed and Sandra Thompson to become the federal regulator of Fannie Mae and Freddie Mac.

·New York, United States
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ReutersReuters

US Senate Banking Commission approves Powell's reappointment of Fed chair

[Reuters] --The Banking Commission of the US Senate approved the reappointment of the chairman of the Federal Reserve Board (FRB) on the 16th. He also approved the appointment of Brainard's Vice-Chairman and Philip Jefferson's appointment. On the other hand, the same number of people agreed and disagreed with Lisa Cook's appointment of directors.

·United Kingdom
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Financial PostFinancial Post

Senate panel approves Powell renomination as Fed chair

A key Senate panel late Wednesday gave its stamp of approval to President Joe Biden's renomination of Federal Reserve Chair Jerome Powell and two other nominees to the Fed Board, but it was deadlocked on a fourth nominee. Read More

·Canada
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Financial Post broke the news in Canada on Wednesday, March 16, 2022.
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