Trump Says He’ll Nominate Shelton, Waller to Fed Board

The video discusses the challenges faced by President Trump's Federal Reserve nominees, Herman Cain and Stephen Moore, due to their legal and cultural baggage. It highlights the more mainstream and less controversial nominations of Christopher Waller and Judy Shelton. The video also explains the key figures in the Federal Reserve's decision-making process, emphasizing the influence of five core individuals. Additionally, it covers Christine Lagarde's nomination to the ECB, noting her dovish and pragmatic approach to monetary policy, similar to that of Mario Draghi.

How does the text describe the influence of the five core individuals in the Federal Reserve?

What was the reaction of the IMF and Lagarde regarding the Fed's policy of raising interest rates?