Both front-runners are battling credibility questions, but from opposite directions. Hassett’s critics on Wall Street say his current job—in which he goes on television to defend the president’s policies and attack the Fed—disqualifies him from leading an independent central bank. Warsh’s vulnerability is different: He wants the job so badly that some question whether his support of lower interest rates and Trump’s broader economic agenda is genuine. “I don’t think you can get this job unless you have made some promise to President Trump,” said one former Fed president

Brian Schwartz
@schwartzbWSJ
12-21
NEW: Wall Street and Trump allies are making their push for who they want Trump to select as Fed chair.
Here’s how they’re running a quiet campaign to get their choice into the Fed
Comes as Trump was saying privately he wasn’t entirely sold on Kevin Warsh- until an interview
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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