Why Biden Should Reappoint Powell as Fed Chair Quickly (w/ Dean Baker)

Summary:
Dean makes the case for why Biden should act quickly: "In terms of announcing his reappointment soon, Biden should want to do what he can to remove uncertainty and shore up Powell’s position in coming months. We know that the Republicans will do everything in their power to stir up fears of runaway inflation and to undermine the Fed’s authority. If Biden can give him a clear endorsement now, it would help Powell’s effort to keep the focus on full employment." ? Subscribe for more clips like this: https://www.youtube.com/user/thomhartmann?sub_confirmation=1 Further paras here . . . ⭐ Join our Membership and Support the Channel: https://www.youtube.com/user/thomhartmann/join MORE FROM THOM ? Watch a full program re-run anytime: http://www.patreon.com/thomhartmann ? Audio Podcast:

Topics:
Dean Baker considers the following as important:

This could be interesting, too:

Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.