Today news
About the same in other media
Biden’s Chance to Remake the Federal Reserve’s Board of Governors
Reading now: 537
wsj.comPresident Biden’s decision to nominate Jerome Powell for a second term as Federal Reserve chairman is the first step in a likely remake of the central bank’s Washington-based Board of Governors. The White House said Monday the president would also elevate Fed governor Lael Brainard to become vice chair of the board. Mr. Biden has one vacancy on the seven-seat board and one more opening to fill, the position of vice chair for supervision, in the months ahead. Together, these moves give Mr. Biden an opportunity to fill most of the board positions.
Chairman Jerome Powell, whose first four-year term as chair expires in February. If confirmed by the Senate in time, he would start his second term in February.
Read more on wsj.comAbout this in other media
Ethereum Developer Calls for the Community to Test the Merge cryptonews.com /2 years ago
Pulling the switch: how to find a new clean energy provider in Australia theguardian.com /2 years ago
What the Omicron Variant Means for Travel Restrictions and Bans wsj.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
