Economics

Brown Sees Easy Powell Confirmation With ‘Small Handful’ of Noes

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Federal Reserve Chairman Jerome Powell should easily win confirmation to a second term as head of the central bank, Senate Banking Chair Sherrod Brown said Tuesday.

Brown said he expected Powell would be confirmed by roughly the same wide margin as he was in January 2018. In that 84-13 vote, eight Democrats and independent Senator Bernie Sanders joined four Republicans in opposition to Powell.