Powell Tapped for Second Term at Fed

Published: Nov. 22, 2021, 9:31 p.m.

President\xa0Joe\xa0Biden\xa0chose continuity\xa0above all else\xa0by nominating Jerome Powell to stay as the Chair of the Federal Reserve.\xa0CNN Political Director explains\xa0the\xa0economic\xa0and political calculus\xa0behind Biden\u2019s decision.\xa0Despite\xa0the\xa0bipartisan support\xa0for Powell\u2019s nomination\xa0on Capitol Hill,\xa0some\xa0progressives\xa0aren\u2019t\xa0happy\xa0with it.\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\nLearn more about your ad choices. Visit podcastchoices.com/adchoices