Boom Bust: Biden to nominate Jerome Powell to head the Fed, again
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Jerome Powell is up for another term at the Federal Reserve, as President Biden nominated the current head, despite pushback from some members of his own party. Then, oil prices are coming back down to earth, with news that several nations could tap reserves, boosting optimism that a fresh supply could help ease global demand. We’ll bring you up to speed on the latest developments from the energy sector. And Brexit continues to strain trade relations between the UK and EU, as issues persist along the Irish border; we’ll break down the details.