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.
Emma Riley, the White House communications chief of staff, became the second in the Biden-Harris team to hand in their resignation this week when she announced that she is leaving her post for a job in the Labor Department.
Joe Biden's son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries for electric vehicles.
President Biden’s physician on Friday determined he was healthy and fit to execute the duties of the presidency following his annual physical the day before his 79th birthday.