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Biden Advisers Weigh Powell as Fed Chair, Brainard as Vice Chair

  • Biden seen making Fed personnel announcements later in fall
  • Pairing Powell and Brainard could satisfy liberal Democrats
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Dudley 'Absolutely' Backs Powell Fed Chair Renomination
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Joe Biden’s advisers are considering a recommendation to the president that would pair a second term for Jerome Powell as Federal Reserve chair with the nomination of Lael Brainard as the central bank’s chief regulator, people familiar with the matter said, a plan that could assuage progressives resistant to Powell.