President Trump has chosen Federal Reserve governor Jerome Powell to replace Janet Yellen as the next chairman of the central bank. Host Dan Loney talks with Peter Conti-Brown, Professor of Legal Studies and Business Ethics at the Wharton School, and Krista Schwarz, Finance Professor at the Wharton School, to discuss what Powell is expected to bring to the position and the reactions from financial markets to this decision on Knowledge@Wharton.
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