New Names Being Floated for Open Fed Board Seats

New Names Being Floated for Open Fed Board Seats

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses President Trump's challenge in appointing candidates to the Federal Reserve, focusing on the potential nominees like Kevin Hassett, Ramesh Ponnuru, and Judy Shelton. It highlights Judy Shelton's background and her alignment with Trump's monetary policy preferences. The transcript also touches on Stephen Moore's controversial nomination and the criticism he faces. Overall, it reflects on the political and economic implications of these appointments.

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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 President Trump faces in selecting a candidate for the Federal Reserve?

Finding someone who supports higher interest rates

Choosing a candidate who aligns with his views on the Fed's independence

Selecting a candidate with no political background

Appointing someone from the Democratic Party

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which candidate is known for advocating the gold standard and has connections with Larry Kudlow?

Kevin Hassett

Ramesh Ponnuru

Judy Shelton

Stephen Moore

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a notable aspect of Judy Shelton's career that might appeal to the Trump administration?

Her advocacy for higher interest rates

Her work with Democratic candidates

Her opposition to the gold standard

Her experience with the European Bank for Reconstruction and Development

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What controversy surrounds Stephen Moore's potential nomination?

His opposition to the gold standard

His writings that suggest women should not participate in certain activities

His lack of experience in economic policy

His support for higher taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the response from Congress regarding Stephen Moore's nomination?

Strong support from both parties

Immediate approval without any objections

Indifference due to lack of interest

Criticism and lack of backing from Republicans