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Biden appoints Jerome Powell to a second term as chairman of the Federal Reserve

By Scott Horsley,

Steve Inskeep

Published November 22, 2021 at 10:40 AM EST

President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve. Fed governor Lael Brainard will serve as vice chairman.

Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.

See stories by Scott Horsley

Steve Inskeep

Steve Inskeep is a host of NPR's Morning Edition, as well as NPR's morning news podcast Up First.

See stories by Steve Inskeep

Stories From This Author

Blinken tells China it's in their interest to stop helping Russia

Steve Inskeep

NPR's Steve Inskeep speaks with U.S. Secretary of State Antony Blinken following his talks with Chinese leader Xi Jinping and top Chinese officials in Beijing.
China launched 3 astronauts bound for the country's homemade space station

Steve Inskeep

China blasted three astronauts into space on Thursday. The mission is part of an ambitious program which will help pave the way for China to put a person on the moon before 2030.
The U.S. economy slowed down in the first three months of 2024, report shows

Scott Horsley

The U.S. economy grew more slowly than expected in the first three months of the year. But consumers are still spending money — especially on services such as travel and restaurant meals.