Page 2 - Beyond Jay News Today

Elevating one of the countrys most qualified and dedicated public servants. shes one of the nations leading macro economists and she spent years at the treasury department representing american capitals around the world on issues and spent nearly the last decade as a member of the fed recently working side by side with jay as the fed navigated historic economic and financial crises and reaffirmed its commitment to a full employment economy. throughout her time at the fed, lael has also been a st...

Financial system can withstand climate change and is prepared to transition to clean energy. the fed must be a leader among central banks globally in addressing climate related financial risks. hes underscored the importance of the fed taking a more proactive role in the months and years ahead and making sure that our financial regulations are staying ahead of emerging risks. be they from innovations, crypto currency, or the practice of less regulated, nonbank financial institutions. having serv...

We have to make sure our financial system can withstand climate change and is prepared to transition to clean energy. the fed must be a leader among central banks globally in addressing climate-related financial risks. hes also underscored the importance of the fed taking a more proactive role in the months and years ahead and making sure that our financial regulations are staying ahead of emerging risks, be they from innovations and cryptocurrency or the practice of less regulated non-bank fina...

Preserve the independence of the fed and we need people of character and integrity who can be trusted to keep their focus on the right long-term goals of our country, for our country, and im confident that jay and lael are those poem. now i would like to give them both a chance to say a few word. well start with jay and then ill turn to lael. >> okay. the president making it official. he is renominating jerome powell to a second term as chairman of the federal reserve. that is pending senate con...

Kinds of risks. i respect jays independence and i also trust that he will follow through on his commitment to prioritizing this with the skill that he has shown in his service to date. now, some will no doubt question why im renominating jay when he was the choice of a republican predecessor. why am i not picking a democrat, fresh blood, or taking the fed in a different direction? put directly at this moment both enormous potential and enormous uncertainty for our economy we need stability and i...

Chance in life. she has done pioneering work on how the fence should account for the emerging risk of climate change to our financial system. like today, her expertise in leadership have earned her the respect and support of republicans and democrats alike. i am proud to nominate her to the vital role of vice chair of the federal reserve. beyond jay and lael i look forward to dominating additional members of the federal reserve board of governors including a new vice chair for supervision. they ...

Shes done pioneering work on how the fed should account for the emerging risk of climate change to our financial system and like jay, her expertise and leadership have earned her the respect and support of republicans and democrats alike. im proud to nominate her to the vital role of vice chair of the federal reserve. beyond jay and lael, i look forward in the coming weeks to nominate additional members of the federal reserve board of governors including a new vice chair for supervision. these i...

Families to those kinds of risks. i respect jays independence, and i also trust that he will follow through on his commitment to prioritize these issues with the skill that he has shown in his service to date. now, some will no doubt question why im renominating jay where he was the choice of a republican predecessors. why aim not picking a democrat? why am i not picking fresh blood or take the fed in a different direction? put directly at this moment of both enormous potential and enormous unce...

Markets, jays steady and decisive leadership helped to stabilize markets and put our economy on track to a robust recovery. jay is a believer in the benefits of what economists call maximum employment. thats an economy where companies have to compete to attract workers instead of workers competing with each other for jobs, where american workers get steady wage increases after decades of stagnation and where the benefits of economic growth are broadly shared by everyone in the country, not just ...

Integrity who can be trusted to keep their focus on the right and long-term goals of our country, for our country. im confident jay and lael are those people. i would like to give jay and lael an opportunity to say a few words. start with jay and then turn to lael. jay, the floor is yours. >> mr. president, thank you for this extraordinary opportunity to continue to serve the american people. if confirmed by the senate i pledge to do everything within my power to meet the responsibilities that c...