He will keep things in place with Powell a Trump pick.... And? Will spare Biden another contentious bout with the Senate confirmation process.... This also will keep the 'markets' calm.... President Biden will renominate Jerome H. Powell, the Federal Reserve chair, to … [Read more...] about President Biden will let Powell continue leading the Fed…..
Jerome H. Powell Federal Reserve chair
UPDATE.... ...The Federal Reserve took emergency action and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset impact of the coronavirus … [Read more...] about An Angry Donald Trump threatens the Fed Chairman’s job…..Update Fed cuts rate by a whole point..