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...Powell, who was tapped by Donald Trump in early November 2017 to lead the Fed and previously served as a top Treasury official under George H W Bush, has already won the backing of a number of Republican...
...“The Fed was at its best in March 2020,” said Jeremy Stein, a Harvard academic who was nominated by Obama alongside Powell to serve on the Fed’s board of governors in 2011....
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...Barack Obama reappointed Ben Bernanke as Fed chair in 2009, while Bill Clinton did the same with Alan Greenspan in 1996....
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...PM: So that’s the tech version of “there’s no racism because Obama was president”. IO: Correct....
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