Biden bets Fed's Powell can usher in full U.S. economic recovery - NewsBreak
By Lawce in Business
Updated 2 years ago
WASHINGTON, Nov 22 (Reuters) - U.S. President Joe Biden on Monday nominated Federal Reserve Chair Jerome Powell for a second four-year term, positioning the former investment banker to continue the most consequential revamp of monetary policy since the 1970s and finish guiding the economy out of the pandemic crisis. Lael...