Jerome Powell statement at hearing on nomination to Chair Federal Reserve

Jerome Powell reads prepared remarks at a hearing with the Senate Banking Committee on his nomination to become Chairman of the Federal Reserve Board of Governors, telling the panel that he had the great privilege of serving under Ben Bernanke and Janet Yellen, that like them he would do everything in his power to achieve the goals of an independent and nonpartisan status, that members of the Board participate in Federal Open Markets Committee deliberations with the regional banks deeply rooted in their local communities and that as members drawn the lessons of the past that must be prepared to respond decisively and with appropriate for us to new and unexpected threats to financial stability and economic prosperity, to ensure a financial system that remains both stable and efficient.
Jerome Powell reads prepared remarks at a hearing with the Senate Banking Committee on his nomination to become Chairman of the Federal Reserve Board of Governors, telling the panel that he had the great privilege of serving under Ben Bernanke and Janet Yellen, that like them he would do everything in his power to achieve the goals of an independent and nonpartisan status, that members of the Board participate in Federal Open Markets Committee deliberations with the regional banks deeply rooted in their local communities and that as members drawn the lessons of the past that must be prepared to respond decisively and with appropriate for us to new and unexpected threats to financial stability and economic prosperity, to ensure a financial system that remains both stable and efficient.
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Restrictions:
May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonour any member of the United States House of Representatives or US Senate, or bring the House or Senate or any Member into disrepute.Editorial Use only. May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing or cast discredit or dishonor any member of the House or bring the House or any Member into disrepute.
Editorial #:
882444688
Collection:
FedNet
Date created:
28 November, 2017
Upload date:
Licence type:
Rights-ready
Release info:
Not released. More information
Clip length:
00:04:10:17
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit H.264 HD 1280x720 30p
Source:
FedNet
Object name:
sba112817c.mov