Cohn Emerging as Favorite to Lead the Fed

The transcript discusses the potential appointment of Gary Cohn to the Federal Reserve, highlighting his Wall Street background and how it contrasts with the Fed's academic culture. It explores the political implications of such an appointment, especially in the context of tax reform and the end of Janet Yellen's term. The discussion includes insights from interviews with people familiar with Cohn and the Fed, emphasizing the balance between market experience and academic research in understanding economic markets.

What is the main concern about Gary Cohn's potential fit with the Federal Reserve?

• His experience in technology

• His political affiliations

• His lack of academic background

• His age

How might Gary Cohn's market experience benefit the Federal Reserve?

• By providing a deeper understanding of macroeconomic theory

• By offering a practical perspective on market dynamics

• By enhancing the Fed's technological capabilities

• By improving international relations

What is one potential political advantage for Trump in appointing Gary Cohn to the Fed?

• It would reduce the number of Democrats in key positions

• It would allow Trump to focus more on foreign policy

• It would help Trump gain support from environmental groups

• It would enable Trump to nominate another key position in Washington

What role does Gary Cohn play in the current administration's tax reform efforts?

• He is responsible for international trade agreements

• He is the head of the Environmental Protection Agency

• He is a vocal critic of the reform

• He is one of the leads on tax reform

What might influence Trump's decision to appoint Cohn to the Fed?

• Cohn's stance on climate change

• Cohn's relationship with foreign leaders

• The progress of tax reform

• The outcome of the next presidential election