(Reuters) – U.S. Treasury Secretary Janet Yellen has told senior White House advisers she backs reappointing Jerome Powell as U.S. Federal Reserve Chair, a Bloomberg News reporter wrote on Twitter https://twitter.com/SalehaMohsin/status/1429119006175285254.
President Joe Biden has not made a decision and will likely weigh in around Labor Day in early September, the reporter added in the tweet.
(Reporting by Aakriti Bhalla in Bengaluru; Editing by Will Dunham)
