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GLOBAL BUREAUCRACY

Jerome Powell to be next FED Chairman

Gaurav Agrawal, New Delhi
03/11/2017   0 Comments

United States President Donald Trump has named fellow Republican Jerome H Powell as the next Chairman of the US Federal Reserve. Powell replaces Janet Yellen, whose term ends in early 2018. Powell has been Federal Reserve Governor since 2012.

He has been the richest member of Ferderal Reserve Board of Governors with his declared net worth between USD 19.7 million and USD 55 million, Bureaucracy Today reports.

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