Trump nominates Jerome Powell to lead Federal Reserve

Statement by Federal Reserve Board Governor Jerome H. Powell:

Thank you, Mr. President, for the faith you have shown in me through this nomination. I am both honored and humbled by this opportunity to serve our great country. If I am confirmed by the Senate, I will do everything within my power to achieve the goals assigned to the Federal Reserve by the Congress: stable prices and maximum employment.

The full acceptance statement by Governor Powell is available here.

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