- Strongly believes in the independence of the Fed.
- Does not comment on individuals for the job but says that Pres. should choose someone who strongly believes in the Fed independence.
- Thinks the person who is nominated should look at the data, consider the economic trends and make decisions that reflect the mandated goals.
- Keeping the financing costs low is not a mandated goal for the Fed.
- Cannot recall past selection of the Fed chairs in which candidates came out and expressed opinions about the direction of future monetary policy.
- Most candidates has made a commitment toward fact-based analysis depending on how the economy performs in light of the mandated goals.
- Would like to see Treas. Sec Bessent be successful, but have different views.
- Think a Shadow Fed chair is a very dangerous idea
- The economy is in a good place.
Needless to say nothing surprising in these comments.
This article was written by Greg Michalowski at investinglive.com.
