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Biden picks Jerome Powell to lead the Fed for a second term as the U.S. battles Covid and inflation - NewsBreak

President Joe Biden announced Monday that he is renominating Jerome Powell for a second term as Federal Reserve chair and will put forth Fed Governor Lael Brainard as vice chairman. The move comes after weeks of speculation that Brainard might get the nod. In making the move, Biden praised...
Read more on: newsbreak.com