United States President Joe Biden He said Monday that he thinks Fed Chairman Jerome Powell, is the right person to pursue the goal of full employment and tackle inflation, according to Reuters. In a speech on the economy and explaining his decision to reappoint Powell as Fed chairman for another term, Biden explained that Powell’s strong and decisive leadership put the economy on the path to a strong recovery.
Additionally, Biden praised Powell for maintaining the integrity of the Fed during the previous years of the Trump administration. Biden also praised Brainard as a skilled and dedicated public servant, as well as a strong voice for financial regulation. Finally, President Biden said he hopes to add more members to the Fed board in the coming weeks.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
