Whitehouse, Merkley oppose Fed Chair Powell’s renomination

November 19, 2021
Sens. Sheldon Whitehouse (D-RI) and Jeff Merkley (D-OR) are joining other progressive lawmakers in opposing Jerome Powell’s possible renomination as chairman of the Federal Reserve, arguing the central bank has taken insufficient action on climate change. “President Biden must appoint a Fed Chair who will ensure the Fed is fulfilling its mandate to safeguard our financial system and shares the Administration’s view that fighting climate change is the responsibility of every policymaker. That person is not Jerome Powell,” the senators...

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