Biden to renominate Jerome Powell. Peng Shuai’s suspicious video appearance. El Salvador to create Bitcoin City

Julia Chatterley is live from New York. Here are the top business news stories today! Breaking news – President Biden to renominate Jerome Powell to head the Federal Reserve for a second term. Safety suspicions - In a video call with the International Olympic Committee, Chinese tennis star Peng Shuai says she is "safe and well" but suspicions grow. Crypto craze! El Salvador to create volcano-powered “Bitcoin City.” It’s Monday, let’s make a move. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices