Home News Fed, Powell confirmed president by Biden

Fed, Powell confirmed president by Biden

by admin

Jerome Powell was confirmed by US President Joe Biden as head of the Federal Reserve. This is his second term. The President also appointed Lael Brainard as Deputy Chairman of the Central Bank.

“If we want to continue building on this year’s economic success we need stability and independence at the Federal Reserve. And I have full confidence, after their trial by fire over the past 20 months, that President Powell and Dr. Brainard will provide the strong leadership our country needs, “Biden writes, trusting that” Powell and Brainard’s attention to keeping low inflation and stable prices, plus their commitment to full employment, will make our economy stronger than ever.

The sentence that splits America

Gianni Riotta


“Our country still faces major challenges as we emerge from the pandemic, but we have already made enormous progress in reviving our economy and in getting Americans back to work – continues the press release released by the White House – since the president entered in office, the economy has created over 5.6 million jobs, unemployment has dropped to 4.6% – two years faster than expected – and the pace of growth of our economy outstrips the rest of the developed world ” .

See also  [One Hundred Years of Truth]The Female Soldiers of the Red Detachment of Women who were used and abandoned by the CCP | Cultural Revolution | Movement | Class Struggle
0 comment
0

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy