Banking committee must vote a second time after Powell’s nomination to be Fed chief expired at the end of 2017

The Senate Banking Committee will vote next week for the second time on the nomination of Jerome Powell to be the next Federal Reserve chairman, a spokeswoman said Thursday.

The committee voted 22-1 last month to approve Mr. Powell’s nomination, but the nomination expired at the end of 2017 and the White House had to resubmit it this month, requiring a second committee vote. A committee spokeswoman said the vote is set for Wednesday.

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