Kocherlakota To Yellen: Accepting Trump Reappointment Will Tarnish You Forever

It should go without saying that one of the reasons markets are so damn fixated on whether Gary Cohn will or won't resign from the Trump administration is that he's been identified as a candidate for Janet Yellen's job. So the implication is that if he quits on Trump, it creates more uncertainty around the future leadership of the Fed. And that uncertainty couldn't possibly come at a worse time, as the next Fed chair will be tasked with presiding over the unwind of the greatest experiment in t