The Crossroads of Special Operations

Monday, November 29, 2021

Biden renominates Powell as Fed chair, nominates Brainard as vice chair | The Hill

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President Biden said on Monday that he would publicly endorse Federal Reserve Chair Jerome Powell for a second term and endorse Fed Governor Lael Brainard to act as vice-chair of the central bank’s board of directors. Powell, a Republican, has headed the Federal Reserve Board of Governors since 2018 and has bipartisan support. Former President Trump picked him to run the bank five years after former President Obama recommended him to the Fed board. Powell’s liberal detractors favored Brainard, the lone Democrat on the Fed board, as the clear frontrunner to succeed him if Biden declined re-nomination. Instead, she is expected to succeed Fed Vice Chair Richard Clarida, another Trump appointee, when his term as the bank’s second in command expires in January.

Source: https://thehill.com/policy/finance/581593-biden-renominates-powell-as-fed-chair-nominates-brainard-as-vice-chair

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US-backed SDF arrest three suspected ISIS members in northeast Syria | Kurdistan 24

The Kurdish-led Syrian Democratic Forces in combination with the US-led coalition against ISIS conducted an operation in northeast Syria...

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