Trump Is Said to Lean Toward Powell as Next Fed Chair

The transcript discusses potential changes in the Federal Reserve's leadership, focusing on the roles of Janet Yellen, John Taylor, and Jerome Powell. It explores the implications of these leadership choices on monetary policy, interest rates, and Wall Street stability. The possibility of a dual leadership structure with Powell and Taylor is also considered, highlighting Trump's considerations in the decision-making process.

In what ways might the Federal Reserve's approach to interest rates change under new leadership?

What role does the vice chair play in shaping the Federal Reserve's monetary policy?