Federal Reserve Plans to Cut 10% of Its Staff

In an internal memo to staff on Friday, Jerome H. Powell, the chair of the central bank, said the institution would offer a voluntary deferred resignation program.In an internal memo to staff on Friday, Jerome H. Powell, the chair of the central bank, said the institution would offer a voluntary deferred resignation program. Banking and Financial Institutions, Regulation and Deregulation of Industry, Layoffs and Job Reductions, United States Politics and Government, United States Economy, Global Warming, Presidential Power (US), Government Employees Read More

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