The president of United States, Joe Biden, said this Tuesday that at the end of this week it will announce whether or not to Jerome Powell in front of the Federal Reserve (Fed).
This long-awaited decision will be announced “in about four days,” the president told reporters during a trip to the state of New Hampshire.
The two potential candidates to lead the Fed, the current president of the organization, Jerome Powell, and Lael Brainard, appear to be head to head and all eyes are directed at Biden.
The election of the president, who must choose between the governors of the institution, must then be approved by the Senate.
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Reference-www.eleconomista.com.mx