‘Dethrone King Dollar’ Bernstein Confirmed As Top Biden Econ Adviser; Yellen Warns De-Dollarization Efforts Will Grow

The Senate on Tuesday confirmed Jared Bernstein to become chair of the Council of Economic Advisers (CEA). Senators voted 50-49 on Bernstein’s nomination to the post that Cecilia Rouse vacated in March. Sen. Joe Manchin (D-W.Va.) was the lone Democrat to side with every present Republican. “Mr. Bernstein’s economic philosophy is problematic as he has shown a willingness to disregard the need for all-of-the-above energy policies and necessary federal budget cuts to alleviate the skyrocketing cost