Blinder Says Brainard Fits 'Perfectly' as Fed Vice Chair

The transcript discusses the dynamics between a chairman and vice chairman at the Federal Reserve, focusing on the relationship between Chair Powell and Vice Chair Brainerd. It highlights the continuity in monetary policy and potential regulatory disagreements. The role of the Federal Reserve in managing national debt is examined, along with a discussion on tapering and its implications for monetary policy.

What are the potential impacts of a vice chair and chairman not getting along in the context of the Federal Reserve?

What is the significance of Lael Brainard's potential role as chair in relation to monetary policy continuity?

How does the relationship between Chair Powell and Vice Chair Brainerd differ from that of previous chairmen and vice chairmen?

What challenges does the Federal Reserve face in managing monetary policy amidst increasing national debt?

Discuss the implications of the Federal Reserve tapering its purchases of newly issued debt.