Don Kohn

Don Kohn, a former vice-chair of the Federal Reserve and now a senior fellow at the Brookings Institution, discusses the alarming criminal probe into current Fed chair Jay Powell, calling it an unprecedented attack on Fed independence. Kohn examines Powell's strong response and the potential political fallout. He explores the dynamics of new Fed leadership, warning against politicization. Kohn also talks about the implications of AI on productivity and inflation, emphasizing the need for data-driven leadership to preserve the integrity of the Fed.