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Biden to nominate Jerome Powell as Federal Reserve chairman

President Joe Biden will renominate Jerome Powell as chairman of the Federal Reserve and Lael Brainard as vice chair, according to a source familiar.

Posted Updated

By
Kaitlan Collins
, CNN
CNN — President Joe Biden will renominate Jerome Powell as chairman of the Federal Reserve and Lael Brainard as vice chair, according to a source familiar.

This is a breaking story and will be updated.

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