A group of progressive lawmakers is calling for President Biden to ditch Jerome Powell and nominate a new Federal Reserve Chair. POLITICO’s Victoria Guida reports. Plus, the Treasury plans to release more rental assistance funds to prevent evictions. And the Justice Department announces a ban on no-knock entries and chokeholds.

Victoria Guida covers economic policy for POLITICO.
Jeremy Siegel is a host for POLITICO Dispatch.
Irene Noguchi is the executive producer of POLITICO audio.
Jenny Ament is the senior producer of POLITICO audio.
Raghu Manavalan is a senior editor for POLITICO audio.

Read more: Trump shattered tradition on Fed chair. Some Dems want Biden to do the same.

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