A Republican, Jerome Powell faces what will likely be a smooth confirmation in the Senate.
It remains unclear whether he's leaning toward reappointing Jerome Powell as Fed chair.
Many farm-state and moderate Democrats are concerned about safeguarding family farms and businesses.
Democratic lawmakers are divided on how much longer the moratorium should remain in place.
President Biden is still looking to push through trillions of dollars more in economic stimulus.
Some Democrats are wary of criticism that higher taxes could damage growth.
Some Democrats are nervous about the scope and size of Joe Biden's tax hikes on the rich.
The economists had differing views on whether the sharp rise in prices is transitory.
His ambitions face a tough audience in the narrowly divided Congress.
The challenge will be maintaining support amid significant tax hikes and wealth redistribution.