Economists wring their hands over what it means to have a mere lawyer, Jerome Powell, as Fed chairman.
From Bloomberg: Trump Selects Powell for Fed Chairman, Replacing YellenPresident Donald Trump plans to nominate Federal Reserve Governor Jerome Powell to the top job at the U.S. central bank, three people familiar with the decision ...
President Trump has named Federal Reserve Gov. Jerome Powell to head the U.S. central bank. If confirmed by the Senate he will succeed Janet Yellen, the first woman to serve in the Fed's top post.
Jerome H. Powell, a Fed governor, is expected to be appointed the next chairman of the Federal Reserve, two people familiar with the plans said.
Pres. Trump nominated Federal Reserve Gov. Jerome Powell as the next Fed chairman, continuing current Fed policy the only gradual rate hikes.c