Thursday, November 2, 2017

Trump names Jerome Powell to head Federal Reserve | News

US President Donald Trump has appointed Jerome Powell as the next chairman of the Federal Reserve, replacing Janet Yellen, the first woman to head the country’s central bank. In an announcement at the White House’s Rose Garden on Thursday, Trump praised Powell’s “hard work, expertise and judgment” to head the agency, which sets the monetary policy of the US and monitors the banking system.

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