Fed's Powell to Testify Before House Panel on Tuesday Rather Than Wednesday
February 23 2018 - 10:27AM
Dow Jones News
By Kate Davidson
Federal Reserve Chairman Jerome Powell's first congressional
testimony as the central bank's new leader has been moved to
Tuesday from Wednesday, a House panel announced Friday.
Mr. Powell is set to deliver his semiannual monetary policy
testimony to the House Financial Services Committee Tuesday at 10
a.m. ET. The hearing had originally been scheduled for Wednesday
morning.
Mr. Powell is also scheduled to deliver his second day of
testimony before the Senate Banking Committee on Thursday. A
spokeswoman for that committee wasn't immediately available to
confirm whether that hearing would proceed as scheduled.
The Fed chairman testifies before Congress twice a year in what
are known as the Humphrey-Hawkins hearings, a reference to the 1978
law that requires them. The hearings are typically scheduled
back-to-back over two days.
Write to Kate Davidson at kate.davidson@wsj.com
(END) Dow Jones Newswires
February 23, 2018 10:12 ET (15:12 GMT)
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