The Federal Reserve chair decision looms: What’s at stake

The Federal Reserve chair decision looms: What’s at stake

The Biden administration looks set to soon announce its pick for who will lead the nation’s economic steward: the Federal Reserve.

The White House appears to be weighing two options: keeping Jerome Powell as Fed chair or replacing him with current Fed Governor Lael Brainard. Both reportedly met with President Joe Biden earlier in the month.

Biden said on Tuesday, per the White House press pool, that a decision would come in about four days (or Saturday, November 20).

Personnel could change…


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