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Biden Prepares to Make His Mark on the Fed
The seven-member Fed board will soon have four vacancies.
31 Jul 2021, 10:38 AM IST
(Bloomberg Businessweek) -- Joe Biden will soon get a chance to shape the Federal Reserve into an instrument better able to deliver on his vision of a more inclusive American capitalism. The seven-member Fed board will soon have four vacancies, including the chair occupied by Jerome “Jay” Powell, who is said to have broad support among Biden aides but is not assured of a second term. A decision isn’t expected before September at th...
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