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U.S. Senate's Warren calls Powell 'dangerous man' to lead the Fed

EconomySep 28, 2021 12:50PM ET
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© Reuters. FILE PHOTO: Senator Elizabeth Warren (D-MA) speaks to journalists following a closed door Senate Armed Services Committee hearing on Capitol Hill in Washington, U.S., September 14, 2021. REUTERS/Evelyn Hockstein

(Reuters) - A top Senate Democrat on Tuesday said she would vote against a reappointment of Jerome Powell as chair of the U.S. Federal Reserve, calling him a "dangerous man" to lead the central bank.

Senator Elizabeth Warren of Massachusetts, a long-time critic of the Fed's oversight of Wall Street and member of the committee that reviews appointments to the Federal Reserve board, said having Powell appointed to a second term as the central bank's chief is "not a risk worth taking."

The White House has not yet announced a decision on whether to reappoint Powell, whose term as chair ends in February, or choose an alternative.

U.S. Senate's Warren calls Powell 'dangerous man' to lead the Fed
 

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Comments (6)
ben sc
ben sc Sep 28, 2021 1:45PM ET
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she's such a grifter. anyone remember when she lied about being an Indian to get into college?
Sattar Langary
Sattar Langary Sep 28, 2021 1:42PM ET
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The stock market needs a boost Powell! common!
Tom Tipton
Tom Tipton Sep 28, 2021 1:06PM ET
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warren is a kook
Paul Ruggieri
Paul Ruggieri Sep 28, 2021 1:01PM ET
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that B is whack!
Antonio Velardo
Antonio Velardo Sep 28, 2021 12:57PM ET
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She’s short on the market.
Go North
Go North Sep 28, 2021 11:58AM ET
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good
 
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