Trump Sets Sights on Janet Yellen and 'Political' Fed

The transcript discusses the potential impact of political changes on the Federal Reserve, particularly focusing on Janet Yellen's role and the Fed's decision-making process. It highlights the balance between dovish and hawkish members, the influence of political pressure, and the Fed's efforts to maintain independence. The discussion also touches on the potential for a recession and the implications of a more proactive fiscal policy under Trump.

What is the significance of the Fed meeting in November 2016 in relation to the election?

In what ways might political pressure affect the Federal Reserve's actions?