President Trump nominated Kevin Warsh to be the next chair of the Federal Reserve. He is set to succeed Jerome H. Powell when Powell’s term as chair ends May 15. The nomination is in the Senate for confirmation.
Browsing: Federal Reserve
Last week, Federal Reserve Chairwoman Janet Yellen testified before Congress and was questioned by Sen. Elizabeth Warren, Rep. Jeb Hensarling who serves as chairman of the House Financial Services Committee, and others. During the hearings, Yellen was asked about inflation, the unemployment rate and the Federal Reserve System’s top legal counsel.
After struggling through my financial accounting class, I gained an immense respect for those who choose to make a career out of accounting. I also realized the importance of practicing ethical behavior.
Texas Rep. Ron Paul said Wednesday he has no plans to drop out of the Republican presidential race, despite the fact that he is way behind in last place in the four-man contest.
