President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve. Fed governor Lael Brainard will serve as vice chairman.
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Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Steve Inskeep is a host of NPR's Morning Edition, as well as NPR's morning news podcast Up First.