President Joe Biden announced his intention to nominate Jerome Powell to serve a second term as chair of the Federal Reserve. Lael Brainard would be nominated to serve as vice chair.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...