74.7 F
Fort Worth
Friday, October 23, 2020
Banking Senate approves Trump nominee Bowman for Federal Reserve

Senate approves Trump nominee Bowman for Federal Reserve

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

WASHINGTON (AP) — The Senate has confirmed President Donald Trump’s nomination of Michelle Bowman to serve a full 14-year term on the seven-member Federal Reserve board.

Bowman was approved Thursday on a 60-31 vote.

She had initially taken the spot on the Fed board designated for a community banker in November 2018 to fill an unexpired term ending on Jan. 31 of next year. Trump, who has been highly critical of the Fed over the past year, renominated her to fill a full 14-year term on the board.

Before joining the Fed, Bowman served as state bank commissioner of Kansas.

The board currently has two vacancies. Trump has not yet submitted his nominations to Congress.

Latest News

AP FACT CHECK: Examining claims from last Trump-Biden debate

WASHINGTON (AP) — President Donald Trump and Democratic challenger Joe Biden sparred Thursday in their final presidential debate, hoping to sway undecided...

Texans John Cornyn and Ted Cruz vote to advance Amy Coney Barrett’s Supreme Court nomination to the full Senate

By Kelsey Carolan, The Texas Tribune Oct. 22, 2020 "Texans John Cornyn and Ted...

Bank OZK: 3Q Earnings Snapshot

LITTLE ROCK, Ark. (AP) _ Bank OZK (OZK) on Thursday reported third-quarter earnings of $109.3 million.The Little Rock, Arkansas-based bank that has...

First Financial: 3Q Earnings Snapshot

ABILENE, Texas (AP) _ First Financial Bankshares Inc. (FFIN) on Thursday reported third-quarter net income of $52.9 million.The Abilene, Texas-based bank said...

Hilltop Holdings: 3Q Earnings Snapshot

DALLAS (AP) _ Hilltop Holdings Inc. (HTH) on Thursday reported third-quarter earnings of $153.3 million.The bank, based in Dallas, said it had...