Economics 101

Yep. And Jerome Powell, the head of the Federal Reserve, was renominated as chair by President Joe Biden on November 22, 2021.

I agree, Biden should have drained the remains of the trump swamp

You have the perfect name for what you comment/post.

Also, Powell was nominated to the Federal Reserve Board of Governors by President Barack Obama.

trump liked Obama's pick so much that he made him chair.

You really know nothing about what you post, do you? He was a George Bush pick first.

I'm betting that teleprompter has a huge say in it...

They're also a corporation completely exempt from taxes. Why isn't AOC on this?

This president obviously doesn't control anything wouldn't you say?

He definitely can’t control his bowels.

The Federal Reserve has zero oversight.

The Fed sets key interest rates.
Raised, they slow borrowing which in turn leads to strengthening the dollar which then can lead to reduced inflation.

The Chair of the Feb is about the only one person who has any effect on the economy, despite what presidents wish to take the credit due to their sheer awesomeness and Pepsodent smile. Of course there are other forces that have an impact, but in terms of an individual,,,

The president appoints the Fed head.