U.S. President Joe Biden has re-nominated Powell as the next Federal Reserve chair, after much speculation that Fed Governor Lael Brainard could replace him to lead the central bank for the next four years.Biden appears to have gone with the candidate who was better known to investors, while providing economic policy continuity. Powell helped to steer the world’s biggest … [Read more...] about Biden Renominates Powell as Fed Chair, Appoints Brainard Vice Chair
Brainard
Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto
Placing bets on which candidate for Federal Reserve chair would be best for cryptocurrencies? The answer might disappoint: Both incumbent Jerome Powell and leading alternate Fed Governor Lael Brainard are seen as having roughly the same impact.The speculation of who will be the next Fed chair intensified after Senate Banking Chairman Sherrod Brown said early this week he was … [Read more...] about Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto