TNPSC Thervupettagam

Federal Reserve Bank- New Chairman

February 9 , 2018 2352 days 896 0
  • Jerome H Powell sworn in as the 16th Chairman of the Federal Reserve for a four-year term.
  • His appointment as the Fed Chairman was approved by the US Senate in January 2018. Powell was nominated for the post in November 2017 by President Donald Trump.
  • Powell succeeds Janet Yellen, the first woman to lead the US central bank in its 100-year history.

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