WebNov 22, 2024 · President Joe Biden announced Monday that he is renominating Jerome Powell for a second term as Federal Reserve chair and will put forth Fed Governor Lael … The chairman of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Board of Governors of the Federal Reserve System. The chairman shall preside at the meetings of the Board. The chairman serves a four-year term after being nominated by the president …
Bank turmoil led Fed officials to forecast fewer rate hikes
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Testimony by Chair Powell at his nomination hearing
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