President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed.
The Democratic Governors Association appears to have designated the 2022 gubernatorial race in Florida as a lost cause and will not give any Democratic candidates looking to defeat Gov. Ron DeSantis any significant financial support.