Live Updates: President Biden’s Plans for the Federal Reserve

Live Updates: President Biden's Plans for the Federal Reserve

ImageJerome H. Powell’s reappointment suggests that the White House is not aiming to completely overhaul the institution.Credit…Nate Palmer for The New York TimesPresident Biden will renominate Jerome H. Powell, the Federal Reserve chair, to another four-year term — ensuring policy continuity at a moment of rapid inflation and vast economic uncertainty but potentially angering progressive … Read more