Powell Said to Be Chosen as Next Fed Chair

The transcript discusses Jay Powell's background, highlighting his experience in law, investment banking, and various roles in the George HW Bush administration. It notes his involvement in economic and monetary policy discussions as a Fed governor. The transcript also covers President Trump's decision to appoint Powell as Fed Chair, despite concerns about his lack of an economics background. Supporters argue that Powell's real-world experience makes him a suitable choice.

What was the reaction of the White House team regarding Trump's decision on Jay Powell?

What experience does Jay Powell have that may qualify him for the job?