Biden Has Republican Powell as Ally in Bid to Lift Labor’s Clout
- Fed chief wants to reduce unemployment to pre-pandemic lows
- Biden faces GOP pushback on policies to aid union workers
Photographer: Chandan Khanna/AFP/Getty Images
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President-elect Joe Biden wants to reverse the decades-long trend that has seen workers get an ever smaller piece of the economic pie.
And no matter which political party ends up controlling the Senate, Democrat Biden’s best bet for achieving that could rest with a Republican: Federal Reserve Chairman Jerome Powell.