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Joe Biden Selects Republican Jerome Powell to Serve Second Term as Fed Chair

Joe Biden Selects Republican Jerome Powell to Serve Second Term as Fed Chair
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USA News

Biden says Fed Chair Jerome Powell will lead the U.S. central bank as it grapples with the fastest inflation in 3 decades and the lingering effects of Covid-19. Biden preserved continuity at the Fed by selecting Powell for a second term as chair.

Credit Bloomberg Quicktake: Now

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