Trump Expected to Interview Yellen Today

The video discusses the potential reappointment of Janet Yellen as Fed Chair, emphasizing the importance of continuity in leadership. It highlights Yellen's crisis management skills inherited from Bernanke and the current low interest rates. The discussion also touches on the historical tendency of the Fed to be late in raising rates and the potential influence of Trump's economic policies, including fiscal stimulus and tax reform. The relationship between the presidency and the Fed is explored, with historical examples like Reagan and Volcker.

Why might the President consider reappointing Janet Yellen as Fed Chair?

• To maintain continuity in leadership

• To introduce new economic policies

• To reduce interest rates

• To increase government spending

What role did Janet Yellen inherit from her predecessor, Bernanke?

• A focus on reducing inflation

• A crisis management approach

• An emphasis on deregulation

• A strategy for increasing exports

What is the current economic situation described as in the discussion?

• Deflationary period

• Crisis rates

• Booming economy

• Stable growth

How does the speaker describe the historical timing of the Fed's interest rate adjustments?

• Always early

• Always late

• Perfectly timed

• Unpredictable

What kind of central banker does the speaker suggest Trump might prefer?

• A crisis manager

• A protectionist

• A deregulator

• A supply-sider