Biden congratulates Powell, promises Fed ‘laser focus’ on inflation -Breaking
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© Reuters. U.S. President Joe Biden announces the nomination of Federal Reserve Chair Jerome Powell for a second four-year term, and Federal Reserve board member Lael Brainard to serve as vice chair,as Powell stands byin the Eisenhower Executive Office Building’s WASHINGTON, (Reuters) – The U.S. President Joe Biden stated that he will meet with Jerome Powell to discuss inflation at a White House meeting on Tuesday and promised to allow the Federal Reserve chair to perform his duties.
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