Biden taps Jerome Powell for second term as Fed chair, signaling continuity at central bank Biden taps Jerome Powell for second term as Fed chair, signaling continuity at central bank
TUESDAY, NOVEMBER 23, 2021
WASHINGTON - During his first term as Federal Reserve Chair, Jerome Powell faced blistering political pressure and an enormous economic crisis. He has confronted an ethics scandal within the central bank and the steepest inflation in more than 30 years.