The Race to Be the Next Fed Chair Heats Up

The transcript discusses the impact of Gary Cohn's Charlottesville remarks on his chances of becoming Fed chair, noting a decline in his prospects. It also covers the speculation surrounding the replacement of Stan Fischer as vice chair of the Federal Reserve, highlighting the unprecedented situation of four open positions on the Fed board. Various potential candidates for these roles are mentioned, including both familiar and new names in the field of conservative economics.

What was the effect of Gary Cohn's Charlottesville remarks on his chances of becoming the Fed chair?

• They had no impact on his chances.

• They improved his chances significantly.

• They made him the top contender.

• They decreased his chances.

Why is there uncertainty about when the Fed board nominations will occur?

• Because there are four unprecedented openings.

• Because there are no open positions.

• Because the nominations have already been made.

• Because the current board is not retiring.

How many positions are open on the Fed board, creating a historically unprecedented situation?

• Four

• Three

• Five

• Two

Which of the following is NOT mentioned as a potential candidate for the Fed board?

• Janet Yellen

• Bill Allison

• Kevin Warch

• Larry Lindsey

Who was a contender for the Fed chair position when Bernanke got the job?

• Glenn Hubbard

• Larry Lindsey

• Gary Cohn

• John Taylor