Rep. Brady on Powell Renomination: Fed Must Address Depth of Inflation, Labor Shortage
November 24, 2021
November 24, 2021
WASHINGTON, Nov. 24 -- Rep. Kevin Brady, R-Texas, ranking Republican member of the House Ways and Means Committee, issued the following statement on Nov. 22, 2022, after President Biden's nomination of Federal Reserve Chairman Jerome Powell to a second term:
* * *
"Chairman Powell's renomination is an opportunity for the Federal Reserve to re-examine its approach to dealing with inflation, the labor shortage, and its enabling of irresponsible fiscal polic . . .
* * *
"Chairman Powell's renomination is an opportunity for the Federal Reserve to re-examine its approach to dealing with inflation, the labor shortage, and its enabling of irresponsible fiscal polic . . .