![]() Powell’s current term expires in February. Fed Governor Lael Brainard, a Democrat, is seen as the most likely alternative, with 13% of economists predicting she will be chosen as chair. ![]() ![]() (Bloomberg) - Jerome Powell is widely expected to be renominated to a second term as Federal Reserve chair, but his chances have been modestly dented by the revelations of stock trading by some senior Fed officials in 2020, according to economists surveyed by Bloomberg News.Īs President Joe Biden considers openings for the Fed chair’s job and other slots, 79% of the economists expect Biden to keep Powell in the job - down from 89% in the September survey.
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