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Reuters

Biden to name ‘slate’ to Fed, emphasis on workers – Senator Brown says

In an interview with Bloomberg Television, Brown, the head of the Senate banking committee, said he had spoken with Biden “just the other day” about the makeup of the Federal Reserve board. The president understood that workers should be at the center of economic policy, which “includes making the Fed look more like America but think more like America too,” said Brown, adding that he gets along well with Powell but the decision on Powell’s renomination is Biden’s.

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