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Tags: joe biden | jerome powell | federal reserve

Biden Reaffirms Confidence in Fed Chair Powell

Biden Reaffirms Confidence in Fed Chair Powell
Federal Reserve Chairman Jerome Powell (AP)

Monday, 20 March 2023 03:32 PM EDT

President Joe Biden maintains confidence in Federal Reserve Chair Jerome Powell, the White House said Monday, amid criticism about the multiple rate increases the Fed has approved in recent months and its handling of the banking crisis.

Democratic Senator Elizabeth Warren told NBC's "Meet the Press" on Sunday that Powell has failed and should not be in his job.

© 2026 Thomson/Reuters. All rights reserved.


StreetTalk
President Joe Biden maintains confidence in Federal Reserve Chair Jerome Powell, the White House said Monday, amid criticism about the multiple rate increases the Fed has approved in recent months and its handling of the banking crisis.
joe biden, jerome powell, federal reserve
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2023-32-20
Monday, 20 March 2023 03:32 PM
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