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Biden to reappoint Jerome Powell as Fed chair, say economists

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Reuters/Shrutee Sarkar and Howard Schneider//7-16-2021

photo of Federal Reserve Board of Governors, Jerome Powell presiding

“U.S. President Joe Biden will reappoint current Federal Reserve Chair Jerome Powell for a second four-year term starting February next year, according to an overwhelming majority of economists polled by Reuters this week.”

USAGOLD note: Though much of the logic shared in this article is sound, we would not rule out Lael Brainard ending up with the nod. (Brainard is seated second from the right in the photo above.)

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