Confirmed! Senate Votes To Hand Jerome Powell Second Term As Federal Reserve Chair

Confirmed! Senate Votes To Hand Jerome Powell Second Term As Federal Reserve Chair

The U.S senate confirmed that Jerome Powell would be chairing the Federal Reserve Board for another four years in his second term. He secured this position on May 12, 2022, after the members of the Senate cast an 80-19 affirmative vote. Despite the expiry of his first term in February 2022, Powell has not left…