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US Pres. Biden Nominates Jerome Powell as Fed Chair

Adel 22 November, 2021 6:32 pm Breaking News, Forex Market, Global Stock Market, Market Update

White House announced on Monday that Federal Reserve Chair Jerome Powell was nominated for a second four-year term by President Joe Biden.

Lael Brainard, who reportedly was the other top candidate for the position, will become the new vice-chair, the press release further revealed.

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