Jerome Powell nominated for a second term as Fed chair

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Jerome Powell has been nominated for a second term as chair of the US Federal Reserve by President Joe Biden. Mr Powell is set to stay in the role, which includes managing inflation and regulating the financial system, for a further four years. El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds. We hear from a key strategist of the plan, Samson Mow. Sasha Twining is joined throughout the programme by Mehmal Sarfraz, co-founder of The Current PK, and journalist in Lahore, Pakistan and Alexander Kaufman, from the Huffington Post in New York. (Picture: Federal Reserve Chair Jerome Powell. Picture credit: Getty Images.)