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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (1339891)	1/25/2022 6:07:44 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 1575949

You know that Biden is President right? Who twisted his arm or Obama's arm when they put him on the fed? Or Biden's when he made him Chair? Biden 100% owns the decision you clown. ‘Stability and independence’: Biden praises Powell, taps him for Fed chair again Print By Jeff Mordock - The Washington Times - Monday, November 22, 2021 President Biden on Monday nominated Federal Reserve Chairman Jerome H. Powell for a second term and praised him for exhibiting political independence and steady leadership during the economic chaos of the COVID-19 pandemic. The nomination ended a months-long guessing game about whether he would bow to pressure from his party’s progressive wing and replace Mr. Powell as the head of the nation’s most influential economic body. The president will also nominate Lael Brainard, who was the far-left’s pick to be the Fed’s next chairman, to serve as vice chair. At a White House ceremony to announce the nominations, Mr. Biden pushed back against his party’s far-left members by insisting that Mr. Powell, who was promoted to Fed chairman by then-President Trump, would not let political winds dictate his decisions. “At this moment of enormous potential and uncertainty, we need stability and independence at the Federal Reserve,” Mr. Biden said. “Jay has proven the independence I value in the Fed chair.”