Senate Panel To Vote January 17 On Powell Nomination For Fed Chief

By Kitco News / January 11, 2018 / www.kitco.com / Article Link

WASHINGTON (Reuters) - The U.S. Senate Banking Committee will hold a second vote on Jan 17 over the Trump administration’s nomination of Fed Governor Jerome Powell to lead the Federal Reserve, the committee’s calendar showed on Thursday.

The committee already backed Powell to head the U.S. central bank in a Dec 5 vote, but a second vote is required because the full Senate failed to approve Powell before the end of 2017.

If the panel backs Powell again as expected, his nomination will be sent back to the Senate floor for final approval.

Reporting by Jason LangeEditing by Chizu Nomiyama

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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