Page 45 - Powell Fed News Today

The US President is nominating Jerome Powell for a second term as Federal Reserve chair, endorsing his stewardship of the US economy through a brutal pandemic recession.

Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.

President Joe Biden announced Monday hes nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powells stewardship of the economy through a brutal pandemic recession in which the Feds ultra-low rate policies helped bolster confidence and revitalize the job market.

Biden to keep Powell as Fed chair, Brainard gets vice chair

U.S. President Joe Biden said Monday he is nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing his stewardship of the economy through a brutal pandemic recession in which the Feds ultra-low rate policies helped bolster confidence and revitalize the job market.

Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.

Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.

Bank stocks and ETFs are responding positively to the renomination of Chairman Jerome Powell on Monday morning.

Biden to keep Powell as Fed chair

President Joe Biden said Monday he is nominating Jerome Powell for a second four-year term as Federal Reserve chairman, endorsing his stewardship of the