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Powell Sworn in as 16th Chairman of Federal Reserve

Jerome Powell has been sworn in as the 16th chairman of the Federal Reserve in a brief ceremony in the Fed's board room. In a short video message, Powell pledged to "support continued economic growth, a healthy job market and price stability." Powell took the oath of office from Randal Quarles, the Fed's vice chairman for supervision, in a ceremony that was attended by Fed staff and Fed board member Lael Brainard. Powell succeeds Janet Yellen, the first woman to lead...

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