Peter Conti-Brown on the Fed under Trump 2.0, Reforming the Discount Window, and Providential Moments
Macro Musings with David Beckworth
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Navigating the Fed: Politics and Policy Under Biden
This chapter explores the author's work on a book about the Federal Reserve's influence on American history and society, emphasizing its political significance. It examines the current state of the Fed under the Biden administration, the implications of leadership changes, and strategic considerations regarding the vice chair for supervision. Additionally, it discusses the challenges faced by Jay Powell amidst political dynamics, the need for institutional continuity, and the vital balance between independence and executive influence on the Federal Reserve.
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