November 22, 2021

Correa's Statement on Biden's Nominees Jerome Powell and Dr. Lael Brainard

Washington, D.C. — Today, Representative Lou Correa (CA-46) issued the following statement:

Rep. Lou Correa said: “I congratulate President Biden’s nominees Jerome Powell to serve as Chair of the Federal Reserve and Dr. Lael Brainard to serve as Vice Chair. Inflation is at a 30-year high. We need strong leadership at the Federal Reserve to bring to address this issue. My constituents are seeing rising prices for basic needs at the grocery store and at the gas pump. Their paychecks are shrinking. As the economy recovers from COVID’s impact and confronts supply chain problems, addressing inflation must be a priority.”