Stanley Fischer: If Trump Wins In 2020, Powell Is Out And The Fed Won’t Be Fully Independent

In case you were wondering what Stanley Fischer thinks about Donald Trump's ongoing efforts to commandeer the Fed, the answer is that the former vice chair believes the president has created a "really awkward thing". Fischer, speaking Sunday at a workshop at the Interdisciplinary Center Herzliya, also predicted Trump would not reappoint Jerome Powell. "If President Trump wins the 2020 Presidential elections, then he will not reappoint Powell to a second term, he will find somebody else", Fisch