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"Today is an important milestone on the path to restoring economic opportunity to the American people," Trump said with Powell standing to his right. The president said the Fed requires "strong, sound and steady leadership" and Powell "will provide exactly that type of leadership."

"He's strong, he's committed and he's smart, and if he is confirmed by the Senate, Jay will put his considerable talents and experience to work leading our nation's independent central bank," Trump added.

CNBC



Submitted November 02, 2017 at 03:33PM by ChocolateTsar http://ift.tt/2zdnKKo

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