Central Banks
Fed’s Powell to Testify Before Congressional Panels Next Month
- Fed plan to raise bank capital requirements will be a focus
- Inflation, interest rate policy also likely topics at hearing
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Federal Reserve Chairman Jerome Powell will testify before key House and Senate committees next month.
The House Financial Services Committee will hear from him on March 6, Chairman Patrick McHenry said. That will be followed by the Senate Banking Committee the next day, a spokesman for that panel confirmed.