Peterson's Kirkegaard Doesn't See Sweeping Tax Reform

Peterson's Kirkegaard Doesn't See Sweeping Tax Reform

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the challenges faced by Republican lawmakers in passing tax reductions due to their slim majority in Congress. It also speculates on the appointment of the next Federal Reserve chair, with Jay Powell being a likely candidate. The discussion highlights the potential market implications of this decision and President Trump's preference for appointing loyal individuals.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges faced by Republicans in passing tax reductions?

Lack of public support

Opposition from the President

Slim majority in Congress

Economic downturn

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is currently a leading candidate for the next chair of the Federal Reserve?

Jay Powell

Kevin Brady

Jacob Lew

Janet Yellen

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential benefit of reappointing Janet Yellen as Fed Chair?

Stability in monetary policy

Increased market uncertainty

Higher interest rates

Reduced stock market performance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor in President Trump's selection process for the Federal Reserve chair?

International relations

Public opinion

Personal loyalty

Economic expertise

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might President Trump choose someone other than Janet Yellen for the Fed Chair?

To make his own mark

To increase interest rates

To maintain consistency

To reduce market stability