Four speed bumps Jerome Powell will face as Fed Chair

Sarah Binder, senior fellow in Governance Studies, discusses President Trump’s nomination of Jerome Powell to Chair of the Federal Reserve, passing over sitting Fed Chair Janet Yellen in an unprecedented move. Based on her work with Mark Spindel, Binder explains the challenges that Powell will face in this new role after what will likely be one of the most polarizing votes ever to confirm a new Fed Chair.

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