Senate Confirms Side Past Times Side Chairman Of Coin Printing
Sunday, February 9, 2020
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Title : Senate Confirms Side Past Times Side Chairman Of Coin Printing
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Jay Powell has been confirmed past times the U.S. of A. Senate to serve every bit the adjacent chairman of the Federal Reserve Board.
The Senate voted 85 inwards favor as well as 12 against his confirmation before today. Current Fed chair Janet Yellen is due to run across her term cash inwards one's chips on Feb 3.
Expect coin printing past times the Federal Reserve to proceed nether Powell. No incertitude billions of novel dollars volition live on printed, inwards a Keynesian influenced mad roller coaster manipulation of the economy.
Within a few brusque months of his taking power, I await that Powell will face a serious threat of accelerating cost inflation as well as an eventual recession. Circumstances are non likely to live on every bit sort to him every bit they were to Yellen.
-RW
UPDATE
Here are the Senators who voted against the confirmation of Powell:
Democratic Sens. Elizabeth Warren of Massachusetts, Kamala Harris of California as well as Cory Booker of New Jersey. On the Republican side, Sens. Ted Cruz of Texas, Rand Paul of Kentucky, Mike Lee of Utah as well as Marco Rubio of Florida voted no. Independent Sen. Bernie Sanders of Vermont likewise opposed the nomination.
UPDATE 2
California Democrat Sen. Dianne Feinstein initially voted inwards favor of the nomination but changed her vote later on Mr. Powell had been confirmed.
You are now reading the article Senate Confirms Side Past Times Side Chairman Of Coin Printing with the link address https://inspirationsbymeforyou.blogspot.com/2020/02/senate-confirms-side-past-times-side.html
Title : Senate Confirms Side Past Times Side Chairman Of Coin Printing
link : Senate Confirms Side Past Times Side Chairman Of Coin Printing
Senate Confirms Side Past Times Side Chairman Of Coin Printing
Jay Powell has been confirmed past times the U.S. of A. Senate to serve every bit the adjacent chairman of the Federal Reserve Board.
The Senate voted 85 inwards favor as well as 12 against his confirmation before today. Current Fed chair Janet Yellen is due to run across her term cash inwards one's chips on Feb 3.
Expect coin printing past times the Federal Reserve to proceed nether Powell. No incertitude billions of novel dollars volition live on printed, inwards a Keynesian influenced mad roller coaster manipulation of the economy.
Within a few brusque months of his taking power, I await that Powell will face a serious threat of accelerating cost inflation as well as an eventual recession. Circumstances are non likely to live on every bit sort to him every bit they were to Yellen.
-RW
UPDATE
Here are the Senators who voted against the confirmation of Powell:
Democratic Sens. Elizabeth Warren of Massachusetts, Kamala Harris of California as well as Cory Booker of New Jersey. On the Republican side, Sens. Ted Cruz of Texas, Rand Paul of Kentucky, Mike Lee of Utah as well as Marco Rubio of Florida voted no. Independent Sen. Bernie Sanders of Vermont likewise opposed the nomination.
UPDATE 2
California Democrat Sen. Dianne Feinstein initially voted inwards favor of the nomination but changed her vote later on Mr. Powell had been confirmed.
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You are now reading the article Senate Confirms Side Past Times Side Chairman Of Coin Printing with the link address https://inspirationsbymeforyou.blogspot.com/2020/02/senate-confirms-side-past-times-side.html