washington u.s. senate bank committee hold confirmation hear nov. 28 jerome powell president donald trump nominee chairman federal reserve committee say statement wednesday trump last week tap powell 64 feed governor since 2012 become head u.s. central bank break precedent deny janet yellen second four-year term signal continuation cautious monetary policies powell quickly garner support republican lawmakers include senate majority leader mitch mcconnell meet powell tuesday say look forward support nomination republican senator mike crapo chair bank committee say wednesday powell well-equipped lead economy country positive direction powell widely expect continue raise interest rat gradually yellen begin late 2015 shrink central bank 4.5 trillion balance sheet senate panel set november 28 confirmation hear feed chair nominee powell