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How Will Trump Reshape the Federal Reserve?
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How Will Trump Reshape the Federal Reserve?

Knowledge at Wharton·@HashtagPLUS·6 months ago
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Stanley Fischer, vice chair of the Federal Reserve, announced he will resign in mid-October, while a question remains over whether Janet Yellen will be reappointed as chair when her term ends in January. Fischer’s departure leaves the seven-member board with as few as three sitting members, creating a vacuum of power and an unprecedented opportunity for President Donald Trump to reshape America’s central bank . Wharton finance professor Krista Schwarz, Wharton legal studies and business ethics professor Peter Conti-Brown, and Sebastian Mallaby, senior fellow for international economics at the Council on Foreign Relations, joined the Knowledge at Wharton show on Wharton Business Radio on SiriusXM channel 111 to discuss what lies ahead for the Fed.…

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