Gary Cohn Sees Trump Selecting Fed Vice Chair This Year

The video discusses the impact of a $500,000 cap on the housing market, arguing that interest deductibility is not the primary driver for home purchases. It examines market reactions to fiscal policies and the need for fiscal stimulus, highlighting stagnant wage growth and the potential benefits of a tax plan. The video also covers Federal Reserve nominations, including the selection of Jay Powell as Fed chair and ongoing discussions for the vice chair position.

What factors do people consider when buying a house according to the text?

How does the text describe the impact of tax policy on home ownership rates in other countries?

What does the text suggest about the market's reaction to certain economic policies?

What is the significance of wage growth in the context of the tax plan mentioned in the text?

What are the expectations regarding the Federal Reserve nominations as discussed in the text?