Trump likely to name Jerome Powell as next Fed Chairman (user search)
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  Trump likely to name Jerome Powell as next Fed Chairman (search mode)
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Author Topic: Trump likely to name Jerome Powell as next Fed Chairman  (Read 1357 times)
The Other Castro
Castro2020
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« on: October 29, 2017, 05:31:48 PM »

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http://www.foxbusiness.com/features/2017/10/28/trump-likely-to-name-jerome-powell-next-fed-chairman-update.html
https://www.wsj.com/articles/trump-likely-to-name-jerome-powell-next-fed-chairmansource-1509206817

It looked like it was down to Powell or Taylor, so all I can say is at least he's probably not going with Taylor. Unfortunate for Yellen though.
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The Other Castro
Castro2020
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« Reply #1 on: October 29, 2017, 05:44:09 PM »


Apparently Powell generally supports Yellen's moves and is a good choice for continuity, while Taylor is a more conservative pick and is against action on stimulus. Also, Powell was appointed by Obama to the board, so there is some bipartisan support behind him.

https://www.nytimes.com/2017/10/24/us/politics/trump-fed-powell-taylor-yellen.html
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