Powell Has Broad Support Among Top Biden Aides for New Fed Term

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Jul.21 — Federal Reserve Chair Jerome Powell has broad support for his renomination among top White House advisers, according to people familiar with the matter. Meanwhile, experts and outside analysts say that if President Joe Biden is looking to change leadership at the Fed, current Governor Lael Brainard is a likely candidate. Kathleen Hays reports on “Bloomberg Daybreak: Australia.”

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