Carper Statement on Federal Reserve Nominees

WASHINGTON, D.C. – U.S. Senator Tom Carper (D-Del.) today released the following statement following President Biden’s announcement to renominate Jerome Powell to serve as Chair of the Federal Reserve and nominate Dr. Lael Brainard to serve as Vice Chair:

“President Biden has made a great choice in renominating Chairman Powell to lead the Federal Reserve with Dr. Brainard as his Vice Chair. Both bring decades of experience to these critical roles and together, they will continue to help steer us out of this pandemic. President Biden has been laser-focused on building back better by ensuring that our economy benefits all American workers. Chairman Powell and Dr. Brainard share that goal, and I am confident they will bring the kind of sound leadership our nation needs at this time.”