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Friday, November 3, 2017

Trump Names Jerome Powell as Fed Chair


Trump Names Jerome Powell as Fed Chair

Trump with new Fed Chair nominee Jerome Powell

President Trump named former investment banker and private equity executive Jerome Powell to be the next chairman of the Federal Reserve.  Powell has served on the Federal Reserve Board since 2012 when President Obama nominated him.  He also served as the undersecretary at the Department of Treasury during the presidency of George W. Bush. 

Knowing that Powell was named to the Federal Reserve by Barack Obama and also was the undersecretary of the Treasury Department during the George W. Bush administration makes me think he's probably globalistic in thinking when it comes to our monetary system.  Click on the above link to read the full story.

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