Jerome Powell Faces Progressives, Signals Pivot to Curtail Inflation During Senate Confirmation Hearing

Jerome Powell Faces Progressives, Signals Pivot to Curtail Inflation During Senate Confirmation Hearing
Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, Washington, D.C. on Jan.11, 2022. Brendan Smialowski-Pool/Getty Images
Nicholas Dolinger
Updated:
News Analysis

Federal Reserve Chairman Jerome Powell testified before the Senate on Tuesday on the occasion of his re-appointment by President Joe Biden for a second term in his current position.