Senate Banking plans to vote again on Powell nomination next week: report

The Senate Banking Committee will take another vote next Wednesday on the nomination of Jerome Powell to lead the Federal Reserve, according to a report by Politico. All but one member of the banking panel backed Powell in the first vote last month. The White House had to resubmit Powell’s nomination to the committee given that a new session of Congress started this month.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply