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The Fed: Biden rejects ‘fresh blood’ for Fed, says Powell brings stability the central bank needs

The Fed: Biden rejects ‘fresh blood' for Fed, says Powell brings stability the central bank needs

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President Joe Biden on Monday said his re-nomination of Jerome Powell to head the Federal Reserve would bring stability to the nation’s central bank as the U.S. continues to recover, rejecting calls that the institution needs “fresh blood.”

...read full article on Market Watch

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