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Biden's Fed chair choice could come this week: WSJ

Published Nov 15 2021 at 10:52 AM GMT
Key
Points
  • President Joe Biden is expected to decide as soon as this week whether to re-nominate Jerome Powell for a second stint as Fed chair or pick Fed Gov.
  • Lael Brainard instead, The Wall Street Journal reported.
  • The newspaper said his meetings with both had only other adviser, National Economic Council Director Brian Deese, and the Brainard meeting "went better than expected.
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  • Published Nov 15, 2021 10:52 AM GMT