Cohn Emerging as Favorite to Lead the Fed

The transcript discusses the potential appointment of Gary Cohn to the Federal Reserve, highlighting his Wall Street background and how it contrasts with the Fed's academic culture. It explores the political implications of such an appointment, especially in the context of tax reform and the end of Janet Yellen's term. The discussion includes insights from interviews with people familiar with Cohn and the Fed, emphasizing the balance between market experience and academic research in understanding economic markets.

What is the background of Gary Cohn in relation to Wall Street?

How do people perceive the culture of the Federal Reserve compared to Gary Cohn's experience?

What are the potential implications of Gary Cohn's nomination for the Federal Reserve?

What factors could influence Trump's decision to replace Janet Yellen?

What challenges might arise regarding tax reform if Gary Cohn is nominated?