Biden Allies Ask Lael Brainard to Remain at Fed

The transcript discusses the potential future of Lael Brainard at the Federal Reserve, highlighting her as a favorite for the next Fed chair due to her strong background and role in the pandemic response. It also speculates on Janet Yellen's candidacy for Treasury Secretary, noting her broad acceptance within the Democratic Party. The conversation touches on the political implications of these appointments and the challenges in predicting Biden's cabinet choices.

How does the political landscape within the Democratic Party influence cabinet nominations?

What does the term 'trial balloon' refer to in the context of Biden's cabinet nominations?