Elizabeth Warren, the liberal Democrat from Massachusetts, described him as a“ dangerous man” who“ failed as a leader” at the U.S. Federal Reserve. Donald Trump called him“ clueless” and an“ enemy” of the U.S. when he refused to cave into the then-president’ s self-serving demands to overheat the economy. No wonder we like him, and no wonder we support President Joe Biden’ s.
A central concern for the Federal Reserve in the weeks to come is inflation, which has soared as the U.S. economy has emerged from the coronavirus pandemic, leading to price increases.
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