by Martin Armstrong The headlines praise Biden for nominating the first Latina woman to the Federal Reserve’s board. None of the current headlines list her qualifications, which is a given since this administration favors diversity over experience. I, for one, …
Ajay Banga, President Biden’s nominee to lead the World Bank, wants the bank to focus on poverty alleviation and climate change — and warns that the world needs a massive investment from the private sector to adequately address both challenges. Why it matters: The bank …
The White House released a fact sheet Monday noting that President Joe Biden is nominating former President Barack Obama’s Harvard Law School classmate Steve Dettelbach to head the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF). The White House described …
From WhiteHouse.gov Today, President Biden announced his intent to nominate Jerome Powell for a second term as Chair of the Board of Governors of the Federal Reserve System and to nominate Dr. Lael Brainard to serve as Vice Chair of the …