You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Trump to Nominate Multimillionaire Banker Jerome Powell to Chair Federal Reserve

HeadlineNov 02, 2017

President Trump is expected to nominate Republican multimillionaire Jerome Powell to be the next chair of the Federal Reserve. Power is a former partner at the massive investment firm Carlyle Group, which is a major investor in military contractors, as well as telecommunications, fossil fuel companies, financial services and other industries. It would be the first time in 40 years that someone who is not an economist—Powell is a banker—would lead the Federal Reserve.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top