I don’t like to write about politics, and certainly not speculation about politics, but the potential announcement of Federal Reserve Chairman Jerome Powell getting a second term is interesting.
First off, Powell, is a Trump appointee. That gets people mad in certain quarters, like the Postmaster guy. However, Powell is a solid, seasoned hand acting as Fed Chief, and no one really cares who appointed him. In fact, Powell has done such a good job keeping the economy floating with minimum rocking that the only reason people were thinking there might be someone new was in order to make a “historic” appointment of someone who wasn’t a white guy — or white woman, since Janet Yellen already broke that ceiling.
Now, it looks like President Biden has enough fights to pick with Congress, including ones within his own party (Dems really don’t know how to win, do they?). So, a sure thing like renominating Powell seems like a good way to be able to focus energy elsewhere.
And, lucky for everyone else, he’s a good choice for the job.
Check out my review of Acorns investing here.
Then, look for my Capital One Miles redemption chart.
You can read about the Federal Reserve here.
About the Author
Brian Nelson is a former Certified Financial Planner (CFP) and financial advisor. He writes for Finance Gourmet and several other web properties as part of his freelance writing business at Arctic Llama, LLC. Brian specializes as a freelance financial writer, as well as a freelance technology writer. This post is for informational purposes only and is not a recommendation to buy or sell securities.
SEO, Don’t Tell
Did you know that there are a lot of subtle tweaks one can make that increases the chances of a particular post or webpage ranking higher in the results that search engines return to their users?
For a post like this one, there is no real reason for it to rank higher than any other. It’s only a handful of words and is clearly more valuable for regular readers here at Finance Gourmet looking for some ongoing insight into what it going on in the world of finance than it would be for someone just searching up the chances of Powell getting a second term. However, since this page is one of many on the Finance Gourmet website, it is advantageous for me that this page count as a “full page” in the eyes of the Googles and Bings out there. Before I started typing this section, this post was less than 300 words. Google, Bing, and even Duck Duck Go, prefer content longer than 400 words, and, well, here we are.
Thanks for hanging through in that last section. If you would like to hire me to fill your website with solid SEO optimized content, feel free to reach out. Don’t worry, I’ll never pull this “extra section” stunt on any of your professionally written content 🙂