Will Trump pick a Fed chair who would undermine his agenda?
The list of potential Federal Reserve chairs keeps shrinking, but the choice is increasingly between the status quo and a pick who undercuts candidate Trump’s populist claims on trade.
It takes some mental gymnastics to argue the administration shouldn’t just do what every president since Ronald Reagan has done: reappoint the chair — Janet Yellen. But, given the Trump presidency to date, prediction markets can be forgiven for betting on mental gymnastics. So what do the gymnastics look like?
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