This morning we will consider the nomination for the chairman system. Ederal reserve governor powell, welcome and congratulations on your nomination. I see friends and emily behind you and i welcome them here as well. Governor powell has had an accomplished public and private career in financial services. He served as an assistant secretary and undersecretary secretary of the treasury under george h. W. Bush, where he was responsible for policy on Financial Institutions and the treasury debt market among other areas. Firsthand experience in Investment Banking and was a partner of the Carlyle Group before being appointed to serve on the board of governors and 2012. During his years of service and government and in the private sector, governor powell has proven he is qualified to lead the fed. If confirmed, he will plan a part role in striking the important balance the tweening need for a safe and sound Financial System and the need to promote the vibrant, growing economy. Of the past on
He took questions from members of the Senate Banking committee about his overall philosophy on Monetary Policy and the role of the fed chair. Senator mike crapo chairs the committee. And the committee will come to order for the hearing. [gavel pound] this morning we will consider the nomination for the chairman of the Federal Reserve system. The chairman system. Ederal reserve governor powell, welcome and congratulations on your nomination. I see friends and emily behind you and i welcome them here as well. Governor powell has had an accomplished public and private career in financial services. He served as an assistant secretary and undersecretary secretary of the treasury under george h. W. Bush, where he was responsible for policy on Financial Institutions and the treasury debt market among other areas. Firsthand experience in Investment Banking and was a partner of the Carlyle Group before being appointed to serve on the board of governors and 2012. During his years of service and
Accomplished public and private career in financial services. He served as an assistant secretary and undersecretary secretary of the treasury under george h. W. Bush, where he was responsible for policy on Financial Institutions and the treasury debt market among other areas. Firsthand experience in Investment Banking and was a partner of the Carlyle Group before being appointed to serve on the board of governors and 2012. During his years of service and government and in the private sector, governor powell has proven he is qualified to lead the fed. If confirmed, he will plan a part role in striking the important balance the tweening need for a safe and sound Financial System and the need to promote the vibrant, growing economy. Of the past one year ive been encouraged to see federal regulators carefully and thoroughly violate current laws and regulations. Governor powell has shared in the past where the fed believes some laws can be changed to alleviate some burdens. Members ofks ag
The director of National Intelligence dan coats was before the Senate Armed Services committee this week to take questions on Global Security threats. At one point he was asked about a recent report that donald trump asked him to deny evidence of collusion between russia and the campaign. There was also testimony from vincent stewart. This is just over two hours. Sen. Mccain good morning. Senate Armed Services Committee Meets this morning to receive testimony on worldwide threats. We are pleased to welcome our distinguished witnesses. Dan coats, who is the director of National Intelligence and ewart director of the , Defense Intelligence agency. Out of respect for the scheduling commitments and members, we will conclude the hearing at 11 30 in the interest of time and ensure senators ask questions i will be brief. I know that comes as a disappointment, especially to the senator from south carolina. I would ask witnesses to please submit their written statements for the record if they c
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