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Transcripts For CSPAN2 Federal Reserve Chair Confirmation Hearing 20180123

This morning we will consider the nomination of the honorable jerome or j powell to be chairman of the board of governors of the Federal Reserve system. Governor powell, welcome and cleationings on your nomination. I see friends and family behind you and i welcome them here today as well. And public and private success tore career and Financial Services, he served as an assistance secretary and undersecretary of the treasury under president jorntle h. W. Bush and Financial Institutions and a treasury debt market and understand experience in Investment Banking and was a partner at the Carlisle Group before board of governors in 202 during years of service in government and in the private sector governor powell has proven hes qualified to lead the fed. If confirmed he will play an Important Role in striking the the proper balance between the need for a safe and sound Financial System and the need to promote a vibrant growing economy. Over past year ive seen regulators carefully and evalu

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