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Daily Archives: January 23, 2018

Powell Approved by Senate to Succeed Yellen as Fed Chair

Federal Reserve Governor Jerome Powell was confirmed with broad bipartisan support in the Senate to take the helm of the U.S. central bank when Chair Janet Yellen’s term ends Feb. 3. Lawmakers voted 85-12 in favor of the former private-equity executive, widely seen as a choice for policy continuity who President Donald Trump picked in…

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