Biden's Fed nominees to have Senate hearing next week

Reuters2022-01-26

Jan 25 (Reuters) - The U.S. Senate Banking Committee will hold a nomination hearing next week for President Joe Biden's three picks for the Federal Reserve.

Biden earlier this month nominated former Federal Reserve Governor Sarah Bloom Raskin to be the central bank's vice chair for supervision and two economists, Lisa Cook and Philip Jefferson, to serve on its board of governors.

The hearing is scheduled for Feb. 3 at 10 a.m. EST (1500 GMT), according to a schedule posted on the Senate committee's website on Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
2