Will the Federal Reserve Get a New Chairman? Biden Has Made His Decision

Posted on AllSides November 22nd, 2021
From The Right
banking and finance, Federal Reserve, Jerome Powell
AP Photo/Manuel Balce Ceneta

President Joe Biden will renominate current Federal Reserve Chairman Jerome Powell to continue leading the agency for another term. He will make an official announcement from the White House Monday afternoon.

"The President will announce his nominees for Chair of the Board of Governors of the Federal Reserve System, Jerome Powell, and Vice Chair of the Board of Governors of the Federal Reserve System, Dr. Lael Brainard. Chair Powell and Dr. Brainard will also deliver remark," the White House released in a statement. 

The announcement comes as inflation continues to...

Read full story
https://townhall.com/tipsheet/katiepavlich/2021/11/22/biden-isnt-switching-things-up-at-the-federal-reserve-n2599466

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right