Sen. Warren calls Fed Chair Powell a 'dangerous man,' says she will oppose his renomination
Sen. Elizabeth Warren charged Tuesday that Federal Reserve Chairman Jerome Powell has led an effort to weaken the nation's banking system, and she vowed to oppose his renomination.
In remarks made during a hearing before the Senate banking committee, the Massachusetts Democrat cited several instances where the Powell Fed has watered down post-financial crisis bank regulations.
"Your record gives me grave concerns. Over and over, you have acted to make our banking system less safe, and that makes you a dangerous man to head up the Fed, and it's why I will oppose your renomination," Warren said.
Powell did not respond to Warren's comment that she will oppose him.
https://www.cnbc.com/2021/09/28/sen-warren-calls-fed-chair-powell-a-dangerous-man-says-she-will-oppose-his-renomination.html
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