If President Donald Trump were to appoint a “shadow Fed chair,” it would harm the central bank’s independence and more, Ron Insana said.
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President Donald Trump could take the unusual step of naming a "shadow" chair whose responsibility would be to watch over the Fed.
President Donald Trump said last week that he will announce his pick to succeed Federal Reserve Chair Jerome Powell “very soon.”…
Independent central banks can more easily take unpopular steps to fight inflation, such as raise interest rates, which makes…
With Powell’s Fed term ending, Trump readies a new chair. Analysts eye Kevin Hassett and fear a “shadow chairman” could reshape…
The confirmation hearing for President Trump's nominee to be the next Fed chairman once again sparked heated debate.
Investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates.
