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Race For Fed Chair Takes New Turn As Mnuchin Said To Push ‘Strongly’ For Powell
So Friday marks two weeks since Donald Trump said he was two to three weeks away from announcing hi
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Who is the young woman that works with Mark Carney? That is the ticket, especially given what we see.
Old policy, print money. New policy print more $$$$$$$$…….
Indeed, Powell already advocated the use of the “printing press” not long ago at the Chicago Global Initiative in reply to the issue of the huge debt overhang.
Powell was the obama nominee so why is trump picking him for Fed Head (if, as many of you allege, trump’s primary modus operandi is to undo everything obama). Hmm?
Anyway, just an absolutely terrible choice. Powell is an incompetent “yes” man. Wait until the crisis comes and see how fucked-up that is. Even Yellen would have been much better. Only Summers would be worse.
Also, as trump seems to primarily value loyalty, why is he backstabbing his loyal AARP base that helped put him in office with the promise to normalize the “fake” rates and help impoverished seniors who are getting nothing on their life savings? Powell would be a betrayal of that election promise. They may remember this in the next election.
To clarify, I meant that Powell the uber-dove was an obama appointee to the fed.