How Will Fed Regulate Wall Street? Biden’s Central Bank Picks Leave Question Unanswered

Wall Street Journal, Nov. 23, 2021–Andrew Ackerman, Orla McCaffrey (subscription)
President Biden’s decision to reappoint Jerome Powell as Federal Reserve chairman and elevate governor Lael Brainard signals continuity on monetary policy but leaves open questions on the direction the central bank will take in regulating Wall Street.