Print Page | Contact Us | Sign In | Register
News & Press: Resources

Powell pledges economic support as Congress debates

Wednesday, May 20, 2020   (0 Comments)
Posted by: Amanda Averch
Share |

As lawmakers discuss whether to spend more money for coronavirus relief, Federal Reserve Chairman Jerome Powell has told the Senate banking committee the central bank is ready to use all tools to support the economy. The pace and the breadth of the downturn brought by the pandemic "are without modern precedent and are significantly worse than any recession since World War II," Powell said.

Full Story: BNN Bloomberg (Canada) (5/19)  


Contact Us

Colorado Bankers Association
One Sherman Place
140 East 19th Avenue, Suite 400
Tel: 303.825.1575
Fax: 303.825.1585
info@coloradobankers.org

Connect With Us