November 02, 2017

Statement by Federal Reserve Board Chair Yellen on the nomination of Governor Powell by President Trump

For immediate release

Statement by Federal Reserve Board Chair Janet L. Yellen:

I congratulate my colleague Jay Powell on his nomination to be Chairman of the Federal Reserve Board. Jay's long and distinguished career has been marked by dedicated public service and seriousness of purpose. I am confident in his deep commitment to carrying out the vital public mission of the Federal Reserve. I am committed to working with him to ensure a smooth transition.

Last Update: November 02, 2017