The much-memed Fed chairman officially gets a second term with the Biden Administration.
Nathaniel Whittemore
This episode is sponsored by NYDIG.
Download this episode
This week, after months of speculation, President Joe Biden has named Jerome Powell to a second term as Federal Reserve chairman. His most likely alternate, Lael Brainard, was promoted to vice chairwoman. On today’s episode of “The Breakdown,” NLW looks at why full employment remains at the centerpiece of the Fed agenda even as the nominations herald a narrative pivot on inflation. He also discusses the likely impacts to bitcoin, stablecoins and crypto more broadly.
See also: US Regulators Plan to Define Legal Bank Activities Around Crypto in 2022
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit: Alex Wong/Getty Images News, modified by CoinDesk.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
@2021 CoinDesk
Related Posts
SEC Names Crypto an Exam Priority This Year – Regulation Bitcoin News
[ad_1] The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants…
RUNE, ZIL Rebound Following Recent Losses, Trading Nearly 20% Higher – Market Updates Bitcoin News
[ad_1] ZIL was up by more than 20% in Thursday’s session, as prices rebounded following a string of…
Aptos, Led by Meta’s Ex-Employees, Gets $200 Million to Build a Scalable Blockchain System – Bitcoin News
[ad_1] Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has…