Fed confirmations, Ukraine center stage, DC and Crypto

Key Takeaways

  • Powell confirmed for second term as Fed Chair, two Biden Fed Governors approved by Senate. Next FOMC meeting June 14/15.
  • Ukraine aid moving quickly through Congress.  Trips by Speaker Pelosi and Senate Republican Leader McConnell demonstrate rare bipartisan agreement.
  • Large crypto losses likely to lead to increased interest in DC.
The Federal Reserve Board of Governors has seven statutory Governors, but when Governors Quarles and Clarida resigned at the beginning of the ...

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