Jerome H Powell Sworn In As 16th Chairman Of Federal Reserve

Posted on:06 Feb 2018 15:13:49
Jerome H Powell Sworn In As 16th Chairman Of Federal Reserve
06 February 2018 Current Affairs: Jerome H Powell was sworn in as the 16th Chairman of the Federal Reserve for a four-year term.

Mr Powell has succeeded Janet Yellen, the first woman to lead the US central bank in its 100-year history.

Powell was nominated for the post in November 2017 by President Donald Trump.

The oath was administered by Vice Chairman Randal K. Quarles in the Board Room.

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