Who Will Be the Next Fed Chair? Maybe Kevin

The Journal podcast discusses the potential replacement of Federal Reserve Chair Jerome Powell by Donald Trump. Trump has been publicly critical of Powell for not lowering interest rates enough and is reportedly considering candidates who would be more aligned with his economic policies. The podcast highlights potential candidates like Kevin Hassett and Kevin Warsh, examining their backgrounds, their past views on monetary policy, and their current alignment with Trump's agenda. It also touches on the possibility of Treasury Secretary Scott Besant holding both positions, while also exploring the limitations of a Fed chair's power and the potential for the Federal Reserve board to resist political influence.