Sens. Elizabeth Warren, D-Mass., and John Kennedy, R-La., will examine the role of the Federal Reserve in bank failures in a hearing scheduled for May 10.
Jerome Powell will become interim Federal Reserve chair on Saturday, ensuring continuity in leadership at the U.S. central bank while his renomination by U.S. President Joe Biden awaits Senate.
(Reuters) - Jerome Powell will become interim Federal Reserve chair on Saturday, ensuring continuity in leadership at the U.S. central bank while his .