Powell Said to Be Chosen as Next Fed Chair

The transcript discusses Jay Powell's background, highlighting his experience in law, investment banking, and various roles in the George HW Bush administration. It notes his involvement in economic and monetary policy discussions as a Fed governor. The transcript also covers President Trump's decision to appoint Powell as Fed Chair, despite concerns about his lack of an economics background. Supporters argue that Powell's real-world experience makes him a suitable choice.

What was Jay Powell's initial field of study before entering the financial sector?

• Economics

• Law

• Political Science

• Business Administration

Which administration did Jay Powell serve in before joining the Fed board?

• George HW Bush Administration

• Clinton Administration

• Obama Administration

• Reagan Administration

Which news outlet reported on Trump's inclination towards appointing Jay Powell?

• Bloomberg News

• Fox News

• The New York Times

• CNN

What is a major concern about Jay Powell's appointment as Fed Governor?

• His background in law

• His lack of experience in Washington

• His lack of an economics degree

• His previous political affiliations

What do supporters cite as a reason for Jay Powell being a good choice for Fed Governor?

• His media presence

• His academic achievements

• His real-world experience

• His political connections