Joe Biden’s advisors are considering a recommendation to the president that would combine a second term of Jerome Powell as chairman of the Federal Reserve with the appointment of Lael Brainard as the central bank’s principal regulator, people familiar with the matter said, a plan the Resistant Progressive said could calm down to Powell.

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Biden advisors weigh in Powell as Fed chairman, Brainard as vice chairman
Biden advisors weigh Powell as Fed Chairman, Brainard as Vice Chairman -Bloomberg News
The Latest on Fed Chair Powell& # 39; s Job Prospect – Biden Advisors to Support Him as Next Chair

Ref: https://www.bloomberg.com