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Two Democrats Oppose Powell for Fed Chair, Citing Climate Change
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Two liberal Democratic senators said Friday they would oppose a second term for Federal Reserve Chairman Jerome Powell because they want the central bank to play a more aggressive role addressing climate change.
Sens. Jeff Merkley (D., Ore.) and Sheldon Whitehouse (D., R.I.) issued a statement calling on President Biden to appoint a Fed chair “who will ensure the Fed…shares the administration’s view that fighting climate change is the responsibility of every policy maker. That person is not
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Brainard’s Nomination Promotes a Close Powell Ally on Recent Fed Innovations wsj.com /3 years ago
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