Former Fed President Bullard Confirms Meeting Over Fed Chair Position
James Bullard, a former president of the St. Louis Federal Reserve, has acknowledged meeting with the U.S. Treasury Secretary to discuss the central bank's top leadership role.
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Terms & Concepts
Federal Reserve (Fed): The central banking system of the United States, responsible for conducting monetary policy, regulating banks, and maintaining financial stability.
Fed Chair: The head of the Federal Reserve System, who serves as the chief executive officer of the Board of Governors and is the public face of the central bank.