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  • Los Angeles Times

    Senate panel approves Trump pick for Fed chairman

    by Jim Puzzanghera, Los Angeles Times Dec 05, 2017 2 minutes

    WASHINGTON - A Senate committee has approved Jerome Powell's nomination to replace Janet Yellen as head of the Federal Reserve.

    Tuesday's 22-1 vote by the Senate Banking Committee clears the way for full Senate approval in the coming weeks before Yellen's term ends Feb. 3.

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