Powell Tapped for Second Term at Fed
b'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 megaphone.fm/adchoices'