This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today.
The Future Of The Federal Reserve
Jerome Powell, Chair, Board of Governors of the Federal Reserve speaks during a conference at the Federal Reserve Bank of Chicago.
Listen
11:59
Jay Powell has been renominated by President Biden to run the Federal Reserve.
Powell is a lifelong Republican. He was first nominated to serve as the Reserve’s chairman by Donald Trump in 2017.
And whether you own a home, a business, owe money, or have savings – the person who’s in charge of the central bank of the United States matters.
Today’s economic landscape looks very different from the one Powell was asked to manage four years ago. So, what challenges do he — and his new vice chair — face ahead?
Copyright 2021 WAMU 88.5. To see more, visit WAMU 88.5. 9(MDA1OTI3MjQ5MDEyODUwMTE2MzM1YzNmZA004))
You come to LAist because you want independent reporting and trustworthy local information. Our newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our connected community. We are free to tell the full truth, to hold power to account without fear or favor, and to follow facts wherever they lead. Our only loyalty is to our audiences and our mission: to inform, engage, and strengthen our community.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Senior Vice President News, Editor in Chief
