Biden Hints Fed Chair Pick Coming 'In Next Four Days'

The transcript discusses the indecisiveness of the White House in choosing between Jay Powell and Governor Brainard for the Fed leadership. It highlights the involvement of senators, particularly Joe Manchin, who are concerned about inflation and monetary policy. The political implications of the decision are explored, noting that inflation is a central issue. The transcript also covers the support each candidate has within the political spectrum and their differing views on issues like climate change and banking regulation.

What is the main issue that both candidates for the Federal Reserve leadership will have to address?

• Climate change

• Banking regulation

• Cryptocurrency regulation

• Inflation

Which senator expressed concerns about higher inflation in a letter to the current chair?

• Senator Bernie Sanders

• Senator Elizabeth Warren

• Senator Joe Manchin

• Senator Sheldon Whitehouse

Which candidate is perceived to have more support from progressives in the party?

• Senator Elizabeth Warren

• Senator Joe Manchin

• Governor Brainard

• Jay Powell

What issue does Senator Sheldon Whitehouse want Jay Powell to take a tougher stance on?

• Inflation

• Climate change

• Cryptocurrency

• Banking regulation

On which policy are Jay Powell and Governor Brainard in agreement?

• Banking regulation

• Climate change

• Cryptocurrency

• Monetary policy