Biden Will Keep Jerome Powell As Federal Reserve Chair The New Y Jerome powell speaks after president joe biden announced powell's nomination for a second four year term as federal reserve chair, during an event in the south court auditorium on the white. President joe biden, right, speaks as he announces that he is nominating jerome powell, left, for a second four year term as federal reserve chair, during an event in the south court auditorium on the white house complex in washington, monday, nov. 22, 2021. biden also nominated lael brainard as vice chair, the no. 2 slot at the federal reserve.
Why Biden Is Nominating Jerome Powell As Federal Reserve Chair By martha c. white. president joe biden on monday renominated jerome powell as federal reserve chairman, ending months of speculation over who would run the central bank for the next four years. Today, president biden announced his intent to nominate jerome powell for a second term as chair of the board of governors of the federal reserve system and to nominate dr. lael brainard to serve. President joe biden on monday formally announced his intent to nominate jerome powell to serve as the chairman of the federal reserve for a second term and nominate lael brainard to serve as the. Jerome powell has been nominated for a second term as chair of the us federal reserve by president joe biden. mr powell is set to stay in the role, which includes managing inflation and regulating.
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