Washington, November 3 (RHC)-- U.S. President Donald Trump has nominated Republican multimillionaire Jerome Powell to be the next chair of the Federal Reserve. Power is a former partner at the massive investment firm Carlyle Group, which is a major investor in military contractors, as well as telecommunications, fossil fuel companies, financial services and other industries.
According to reports from Washington, it is the first time in 40 years that someone who is not an economist -- Powell is a banker -- would lead the Federal Reserve.
Donald Trump Nominates Multimillionaire Banker Jerome Power to Chair Federal Reserve
Facebook
Twitter
Pinterest
Telegram
Linkedin
WhatsApp
Related Articles
Commentaries
MAKE A COMMENT
All fields required
Now Playing
24 Horas en el mundo
Next Program
- Desde Mi Habana
- La Trova Cubana
- Un lugar para la poesía
More Views
- U.S. lawmakers propose withdrawing from United Nations, saying it no longer serves Washington's interests
- Remarkable Cuban educational experience
- Cuban Embassy in the U.S. celebrates African-American History Month
- OPEC chief says petroleum demand will rise despite global push for renewables
- Indigenous leader and political prisoner Leonard Peltier released after nearly 50 years in prison
