×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Financial Markets | Infrastructure | Money | Federal Reserve Chairman Jerome Powell | Biden administration

White House to Announce Fed Chair Decision Today

Jerome Powell
Federal Reserve Chairman Jerome Powell (AP)

Monday, 22 November 2021 08:41 AM

The White House on Monday will announce its decision on whether Federal Reserve Chair Jerome Powell will be nominated to a second term leading the U.S. central bank, Punchbowl News reported.

The news outlet, citing multiple unnamed sources with knowledge of the matter, gave no other details about the decision or its timing.

Representatives for the White House did not immediately respond to a request for comment on the report.

U.S. President Joe Biden has been weighing whether to keep Powell for a second term or promote Fed Governor Lael Brainard to the post.

Last week Biden said he would make his decision in coming days, with the White House adding it would likely come before Thursday's Thanksgiving holiday.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
The White House on Monday will announce its decision on whether Federal Reserve Chair Jerome Powell will be nominated to a second term leading the U.S. central bank, Punchbowl News reports.
Federal Reserve Chairman Jerome Powell, Biden administration
119
2021-41-22
Monday, 22 November 2021 08:41 AM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved