President Biden has confidence in Fed chief Powell, White House says

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The Biden White House expressed confidence on Monday in how Federal Reserve Chairman Jerome Powell is helping to handle the banking crisis. When asked if...

The Biden White House expressed confidence on Monday in how Federal Reserve Chairman Jerome Powell is helping to handle the banking crisis.

When asked if President Joe Biden thinks that Powell’s stewardship of recent events puts the Fed chief at risk of losing his position, White House press secretary Karine Jean-Pierre said: “No, not at all. The president has confidence in Jerome Powell.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Coming to a bank near you...

Why?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warren Buffett talked to Biden White House about bank investment: reportWarren Buffett has been talking to the Biden White House about a possible investment in regional banks, report says This dude is still alive? Old “pennies on the dollar” Buffett is about to screw current shareholders out of their equity. Voting D is very profitable for Warren.
Source: BusinessInsider - 🏆 729. / 51 Read more »