US president Joe Biden announced he would nominate Jerome Powell for a second term as chair of the Federal Reserve Board of Governors today (November 22), ending a period of feverish speculation over the role.
In the same announcement, the White House said Biden would nominate Lael Brainard to serve as vice-chair, taking over the monetary policy-focused position from Richard Clarida.
“While there’s still more to be done, we’ve made remarkable progress over the last 10 months in getting
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
by :
Source link
Tags: Central Banking
