Warren Opposes ‘Dangerous’ Powell for Second Term as Fed Chair

(Bloomberg) — Senator Elizabeth Warren, pressing Federal Reserve Chair Jerome Powell on his record on financial regulation, said she wouldn’t support him for a second term as head of the U.S. central bank — the highest-profile Democrat with a say on his confirmation to come out against him.

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“Your record gives me grave concern,” the Massachusetts Democrat said Tuesday during a Senate Banking Committee hearing. “You have acted to make our banking system less…


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