What Jerome Powell’s Second Term Means for Bitcoin

<p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <em><span style= "font-weight: 400;">NYDIG</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><span style="font-weight: 400;">This week, after months of speculation, President Joe Biden has named Jerome Powell to a second term as Federal Reserve chairman. His most likely alternate, Lael Brainard, was promoted to vice chairwoman. On today’s episode of “The Breakdown,” NLW looks at why full employment remains at the centerpiece of the Fed agenda even as the nominations herald a narrative pivot on inflation. He also discusses the likely impacts to bitcoin, stablecoins and crypto more broadly. </span></p> <p><a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <strong><em>NYDIG</em></strong></a><em><span style= "font-weight: 400;">, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at</span></em> <a href= "https://nydig.com/nlw/?utm_source=coindesk&utm_medium=podcast&utm_campaign=nlw"> <em><span style= "font-weight: 400;">NYDIG.com/NLW</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <div data-pm-slice="1 1 []" data-en-clipboard="true">Enjoying this content?</div> <div> </div> <div>SUBSCRIBE to the Podcast</div> <div>Apple:  <a href= "https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb" rev= "en_rl_none">https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</a></div> <div>Spotify: <a href= "https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ" rev= "en_rl_none">https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ</a></div> <div>Google: <a href= "https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=" rev= "en_rl_none">https://podcasts.google.co