Senate Panel Approves Jerome Powell’s Renomination as Fed Chairman

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Jerome Powell, chairman of the U.S. Federal Reserve, is poised to lead the central bank through an anticipated series of additional rate increases.



Photo:

Julia Nikhinson/Bloomberg News

WASHINGTON—A Senate panel on Wednesday advanced

Jerome Powell’s

nomination for a second term leading the Federal Reserve, along with three others for top posts at the central bank.

Members of the Senate Banking Committee approved Mr….

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