TODAY : THE END OF THE POWELL ERA
Jerome Powell is DONE as Federal Reserve Chair today, and Kevin Warsh is being sworn in
LFG! GOOD RIDDANCE!
HASSETT: “The Fed has lost its way a little, lost track of its mission, it’s doing DEI stuff, the climate change and all that kind of stuff!”
“And I think that he wants to restore Fed independence by returning to its roots…the dual mandate, and just sort of shut up about everything else.”