Biden Says He Will Make Fed Nomination Announcements ‘Fairly Quickly’

Biden Says He Will Make Fed Nomination Announcements ‘Fairly Quickly’
The Federal Reserve Board Building on Constitution Avenue in Washington on March 27, 2019. Brendan McDermid/Reuters
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GLASGOW—President Joe Biden said on Tuesday that the White House will be making an announcement about his nominations to lead the Federal Reserve “fairly quickly.”

Biden told reporters that he has been thinking about personnel decisions, including whether to re-nominate Fed Chair Jerome Powell, and that he expected there would be “plenty of time” for his central bank nominees to be cleared by the Senate before current terms expire.