WATCH LIVE: Biden to re-nominate Powell as Fed chair, Brainard gets vice chair - NewsBreak

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By Hardik in Business
Updated 2 years ago

WASHINGTON (AP) — President Joe Biden announced Monday that he's nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell's stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies helped bolster confidence and revitalize the job market. Biden...