Biden Says He’ll Announce Pick ‘Fairly Quickly’ for Fed Chair
- He says he’ll have ‘plenty of time’ for Senate consideration
- Biden hasn’t said whether he’ll renominate Chair Jerome Powell
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President Joe Biden said he’ll announce soon his choice of nominees for chair and other vacancies on the Federal Reserve, amid a scandal over stock trades by central bank officials.
“We’ll be making those announcements fairly quickly,” he said Tuesday at a press conference at a climate summit in Glasgow, Scotland.