Congress debates potential Janet Yellen nomination

President Barack Obama will likely wait to announce his nominee to lead the U.S. Federal Reserve until after Congress votes on military action in Syria and probably until the immediate outcome of a strike is clear, according to several people close to the White House.

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Women’s groups are intensifying their opposition to the possible nomination of Larry Summers to lead the Federal Reserve in an effort to pressure President Barack Obama to choose Janet Yellen for the.

On Wednesday, President Obama nominated Janet Yellen. that Yellen’s potential position in the Fed is a good omen, especially now, when congressional Republicans and Democrats are at such odds.

Congress debates potential Janet Yellen nomination Lawrence Henry Summers (born november 30, 1954) is an American economist, former Vice President of Development Economics and Chief Economist of the world bank (1991-93), senior U.S. Treasury Department official throughout President Clinton’s.

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MARK MEADOWS (R-N.C.) and JIM JORDAN (R-Ohio)– two of President DONALD TRUMP’S closest allies in Congress — will be voting.

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Rand Paul (R-KY) on Tuesday announced his intention to block the nomination of Janet Yellen to. “As the Senate debates the nomination of the next head of the Federal Reserve, there is no more.

Adamant Federal Reserve opponent Sen. Rand Paul (R-Kentucky) says he will put a hold on Janet Yellen’s nomination to head the central bank, insisting that a bill of his that would audit the Fed be considered by Congress first.

WASHINGTON (Reuters) – San Francisco Federal Reserve Bank President Janet Yellen. potential nomination weighed on the dollar. The Fed’s mandate is to keep inflation low and stable while ensuring.

The Federal Reserve’s new chair, Jerome Powell, struck a very different tone from his predecessor during his first congressional testimony since taking over for Janet Yellen. economy’s growth.

“He is likely to be asked about this at most, if not all, of his future press conferences and Congress. basis said he likes Janet Yellen – markets have been more or less lined up against the idea.

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