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Trump nominates Jerome Powell as next Federal Reserve chief
November 4 , 2017
2431 days
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- US President Donald Trump nominated Jerome Powell to run the Federal Reserve once current Chair Janet Yellen's term expires, in a move widely expected and one unlikely to disturb the roaring stock market.
- Powell, 64, will replace Janet Yellen, who was nominated by Trump's predecessor Barack Obama in 2013. Her term as the US central bank's first female leader expires in February.
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