Fed Nominees Endorse Central Bank's Current Direction - Presented by: The Aol. On Network

Three nominees to the Federal Reserve's board sailed through a brief confirmation hearing Thursday, assuring senators of their commitment to strengthen financial regulation and stimulate the economy. Stanley Fischer , nominated as vice chairman; Lael Brainard , a former Treasury undersecretary; and Jerome Powell , a current Fed governor nominated to a new term, were all warmly endorsed by Democrats on the Senate Banking Committee , who control the confirmation process.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
GE $ 27.02 0.23 ▼ 0.84%
BAC $ 15.57 0.01 ▲ 0.06%
AAPL $ 127.60 2.85 ▲ 2.28%
MSFT $ 42.905 1.29 ▲ 3.10%
PBR $ 8.77 0.02 ▼ 0.23%
NOK $ 7.61 0.01 ▼ 0.13%
FB $ 83.09 2.32 ▲ 2.87%
HAL $ 47.85 0.96 ▲ 2.05%

As of 4/20/2015, 04:15 PM