By Ann Saphir and Lindsay Dunsmuir (Reuters) – Former Federal Reserve Governor Sarah Bloom Raskin, Michigan State University’s Lisa Cook, and Davidson College’s Philip Jefferson are due to appear before the Senate...
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Feb 3, 2022 | Business, Economy, Elections, US
By Ann Saphir and Lindsay Dunsmuir (Reuters) – Former Federal Reserve Governor Sarah Bloom Raskin, Michigan State University’s Lisa Cook, and Davidson College’s Philip Jefferson are due to appear before the Senate...
READ MOREFeb 2, 2022 | Business, Economy, Elections, Politics, US
By Pete Schroeder WASHINGTON (Reuters) – Sarah Bloom Raskin, President Joe Biden’s pick to lead the Federal Reserve’s regulatory work, plans to tell lawmakers she does not believe the role includes telling banks where...
READ MOREFeb 2, 2022 | Business, Economy, Elections, US
By Ann Saphir and Howard Schneider (Reuters) – In the summer of 2005, Philip Jefferson spent several weeks learning from fellow Swarthmore College professor Amy Vollmer how to genetically engineer bacteria to resist antibiotics, an...
READ MOREJan 28, 2022 | Business, Economy, Elections, US
By Ann Saphir (Reuters) – With inflation higher and lasting longer than expected, the Federal Reserve needs to take its foot off the monetary gas pedal “a little bit” to address imbalances between supply and demand,...
READ MOREJan 25, 2022 | Business, Economy, Elections, US
(Reuters) – The U.S. Senate Banking Committee will hold a nomination hearing next week for President Joe Biden’s three picks for the Federal Reserve. Biden earlier this month nominated former Federal Reserve Governor Sarah...
READ MOREJan 25, 2022 | Business, Economy, Elections, US
By Ann Saphir (Reuters) – Signaling U.S. President Joe Biden’s picks for the Federal Reserve may face a tough confirmation process in the closely divided Senate, Republican Senator Pat Toomey on Tuesday raised questions over...
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