Home / Breaking News / US Pres. Biden Nominates Jerome Powell as Fed Chair

US Pres. Biden Nominates Jerome Powell as Fed Chair

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.

Check Also

EUR/USD Tumbles as US-Iran Tensions Boost Dollar Demand

Surging US-Iran tensions, fueled by US President Donald Trump’s hardline stance on June 17, 2025, …