Biden still undecided on renominating Jerome Powell as Fed chief
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President Biden on Tuesday declined to say whether he planned to renominate Jerome Powell as chairman of the Federal Reserve as surging inflation and a worsening labor shortage weigh on the economy's recovery from the coronavirus pandemic.

President Biden on Tuesday declined to say whether he planned to renominate Jerome Powell as chairman of the Federal Reserve as surging inflation and a worsening labor shortage weigh on the economy's recovery from the coronavirus pandemic.
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