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November 2, 2017
A wonderful woman whos done a terrific job. we have been working together for ten months, and she is absolutely a spectacular person. janet, thank you very much. we appreciate it. for the past four years, she has served with dedication and devotion and we are grateful for her total commitment to public service. the federal reserve is one of the most important institutions in our government. it is respected all around the world, and is crucial to our economic prosperity. i am confident that with ...
November 2, 2017
Confirm him once again. j. will also bring to the fed a unique background of prior government service and business experience. he previously served as undersecretary at the department of treasury, in the administration of president >> george: h.w. wubush and the longest serving chairman in federal reserve history, j. will bring extensive private sector experience and real world perspective to our government as a result he understands what it takes for our economy to grow, and just as importantly...
November 2, 2017
Congratulations, jerome. j. is joined here by his wife lisa and two sisters monica and elizabeth, and i say congratulations to you all. please -- take that bow. please. you deserve it. thank you very much for being here. today is another important milestone on the path to restoring economic opportunity for the american people. in just a short time we have already made incredible strides. unemployment is at its lowest level in more than 16 years. you know that very well. you know that very well. ...
November 2, 2017
Yellen. im a little disappointed. j. is a great guy but janet was in the position and were losing a lot of wisdom of the crisis by her leaving and thats important. there through all the decisions through the 90s, through the 2000s. came back, gave up a higher paying job as a san francisco fed president, became vice chair of the fed to help ben bernanke steer the fed through the crises they had to go through and then took on the roll of chair as the first woman chair and thats really important. >...
November 2, 2017
Mission and am committed to making decisions with objectivity based on the best available evidence in the long-standing tradition of monetary policy independence. mr. president, thank you again for this extraordinary opportunity to serve the american people. thank you. >> thank you, j. [ applause ] all right. president trump nominating jerome powell. j. powell, to be the next chairman of the federal reserve starting february 1, 2018, which would have been the beginning of the second term of ja...
November 2, 2017
Progress, our economy requires sound monetary policy and prudent oversight of our banking system. that is why we need strong, sound and steady leadership at the united states federal reserve. i have nominated j. to be our next federal chairman, and so important, because he will provide exactly that type of leadership. hes strong, hes committed, hes smart. and if he is confirmed by the senate, j. will put his considerable talents and experience to work leading our nations independent central bank...
November 2, 2017
In our government. j. has served on the federal reserve board of governors since 2012. during his five years at the fed, j. has earned the respect and admiration of his colleagues for his hard work, expertise and judgment. he has proven to be a consensus builder for the sound, monetary and financial policy that he so strongly believes in. based on his record, i am confident that j. has the wisdom and leadership to guide our economy through any challenges that our great economy may face. j. has e...