HOOD - Wall Street Breakfast: KaPow!

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. KaPow!Jay Powell is clearly the front-runner for another stint as chairman of the Federal Reserve, but he is not assured of a second term. While Powell has the reported support of Janet Yellen and White House aides, President Biden may choose to make his mark on the Fed, especially with the progressive wing of his party demanding a more inclusive American capitalism. Reappointments are also not awarded for past performance in a president's first term as the focus shifts to electoral prospects, policy goals and perceptions about the economy.Snapshot: Fed chairs serve a four-year term after being nominated by the president and confirmed by the Senate. They may serve multiple terms (consecutively or non-consecutively), with William McChesney Martin notching the record as longest serving chair from

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Wall Street Breakfast: KaPow!