Day: March 17, 2022

Powell and 3 other nominees to Fed posts clear Senate panel

Powell and 3 other nominees to Fed posts clear Senate panel

WASHINGTON (AP) — The Senate Banking Committee approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve Wednesday, just hours after the central bank began what will be a difficult effort to combat inflation. Fed governor Lael Brainard was also approved to serve as the Fed’s vice chair, and the …

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Powell and 3 other nominees to Fed posts clear Senate panel

Powell and 3 other nominees to Fed posts clear Senate panel

WASHINGTON (AP) — The Senate Banking Committee approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve Wednesday, just hours after the central bank began what will be a difficult effort to combat inflation. Fed governor Lael Brainard was also approved to serve as the Fed’s vice chair, and the …

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The Racist History That Helps Explain Our Present Wealth Gap

The Racist History That Helps Explain Our Present Wealth Gap

Jamie Smith Hopkins | Center for Public Integrity | Word In Black ReShonda Young looks at the restrictive covenant placed on homes in her neighborhood, including hers, that prevented Black residents from moving in. (Jamie Smith Hopkins / Center for Public Integrity) (WIB) – Do you know the history of discrimination in your community? The …

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Powell and 3 other nominees to Fed posts clear Senate panel

Powell and 3 other nominees to Fed posts clear Senate panel

WASHINGTON — The Senate Banking Committee approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve Wednesday, just hours after the central bank began what will be a difficult effort to combat inflation. Fed governor Lael Brainard was also approved to serve as the Fed’s vice chair, and the committee …

Powell and 3 other nominees to Fed posts clear Senate panel Read More »

Senate panel confirms Powell, Brainard to top Fed posts

Senate panel confirms Powell, Brainard to top Fed posts

WASHINGTON — The Senate Banking Committee approved Jerome Powell’s nomination to a second four-year term as chair of the Federal Reserve Wednesday, just hours after the central bank began what will be a difficult effort to combat inflation. Fed governor Lael Brainard was also approved to serve as the Fed’s vice chair, and the committee endorsed …

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