Wanted: Fed Chair. Must Run World’s Largest Economy, Manage Up

Amara Omeokwe and Enda Curran, Bloomberg reporters specializing in the Federal Reserve, discuss the crucial qualities needed in the next Fed chair. They dive into how Trump's dissatisfaction with Jerome Powell has shifted the search, highlighting prominent candidates like Kevin Hassett and Michelle Bowman. The duo addresses concerns about potential threats to Fed independence, the political landscape, and the economic challenges awaiting the new chair. They also explore the power dynamics within the Fed and how the upcoming nominee must navigate complex institutional pressures.