CBA Statement on Renomination of Powell to Lead Federal Reserve

Billy Rielly

Consumer Bankers Association President and CEO Richard Hunt today issued the following statement on the Biden Administration’s renomination of Jerome Powell to lead the Federal Reserve as Chair:

“CBA commends Chair Powell on his renomination. During one of the most uncertain and challenging times in our nation’s history, Chair Powell’s leadership helped ensure the well-regulated and well-supervised banking system could continue to serve families and small businesses. CBA has been grateful for the opportunity to share our insights on the retail banking industry and looks forward to continuing to work with Chair Powell and the Board of Governors to advance sound policy, support consumers, and help drive our economic recovery forward.”