The Macro Moment: Biden Taps Powell For 2nd Term At The Fed

Earlier today, President Biden announced his selection of Chairman Powell for another term as head of the Fed. This is good news based upon what we were confronted with.

In this video I discuss how Powell is a much better choice over the other option. He has done a good job navigating the waters that are before us. Also, he plays the political game very well.

Now we have to keep in mind this has to get through the Senate. However, it is rare that the President's own party goes against him.

I will be following this up with an article as to why this is also good for cryptocurrency.

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