Fed Chair Reappointment, In The Balance Amid Turmoil
The Fed Chair reappointment is hanging in the balance amid questioning of its leadership and an ethics scandal in the central bank. Jerome Powell’s term at the Federal Reserve is expiring early next year, and President Biden will have to decide to keep him at the helm. Q3 2021 hedge fund letters, conferences and more Fed Chair ReappointmentAfter nearly four years as Chairman of the Fed, Powell still has a good probability of being reappointed, The New York Times reports. This is so as “he has earned respect within the White House for his aggressive use of the Fed’s tools in the wake of the pan...