{"id":669968,"date":"2021-08-21T18:36:33","date_gmt":"2021-08-21T22:36:33","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=669968"},"modified":"2021-08-21T18:36:35","modified_gmt":"2021-08-21T22:36:35","slug":"report-treasury-secy-yellen-supports-powell-for-reappointment-as-fed-chair","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-treasury-secy-yellen-supports-powell-for-reappointment-as-fed-chair\/","title":{"rendered":"Report: Treasury Secy. Yellen supports Powell for reappointment as Fed chair"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Freport-treasury-secy-yellen-supports-powell-for-reappointment-as-fed-chair%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=669968&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2497426\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2497426\" class=\"wp-caption-text\">WASHINGTON, D.C. \u2013 MARCH 03: Federal Reserve Chair Jerome H. Powell announces a half percentage point interest rate cut during a speech. (Mark Makela\/Getty Images)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 3:29 PM PT \u2013 Saturday, August 21, 2021<\/h5>\n<p>Treasury Secretary Janet Yellen has reportedly expressed her support for the potential reappointment of Federal Reserve Chair Jerome Powell. Reports on Saturday said the Biden administration official and former Fed chair has informed White House officials she backs a second term for Powell.<\/p>\n<p>Sen. Steve Daines (R-Mont.) has also voiced support for Powell, urging Biden to keep him at the Federal Reserve for another four years. \u201cIt would send a strong signal to households, businesses and consumers that the head of the Federal Reserve continues to enjoy broad bipartisan support, and will act as necessary to achieve its dual mandate of price stability and maximum employment,\u201d said Daines.<\/p>\n<p>Powell was first appointed to the position back in 2018 by 45th President Trump and is set to finish his four-year term in February. Joe Biden has yet to make a decision on the chairmanship, but reports said a decision could be reached as soon as Labor Day.<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/gov-cuomo-declares-state-of-emergency-ahead-of-hurricane-henri-pushes-back-on-scandal-while-briefing-preparation-efforts\/\">Gov. Cuomo Declares State Of Emergency Ahead Of Hurricane Henri, Pushes Back On Scandal While Briefing Preparation Efforts<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON, D.C. \u2013 MARCH 03: Federal Reserve Chair Jerome H. Powell announces a half percentage point interest rate cut during a speech. (Mark Makela\/Getty Images) OAN NewsroomUPDATED 3:29 PM PT &#8230;<\/p>\n","protected":false},"author":7,"featured_media":2315279,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-669968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/669968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=669968"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/669968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=669968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=669968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=669968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}