Biden Hints Fed Chair Pick Coming 'In Next Four Days'

The transcript discusses the indecisiveness of the White House in choosing between Jay Powell and Governor Brainard for the Fed leadership. It highlights the involvement of senators, particularly Joe Manchin, who are concerned about inflation and monetary policy. The political implications of the decision are explored, noting that inflation is a central issue. The transcript also covers the support each candidate has within the political spectrum and their differing views on issues like climate change and banking regulation.

What political implications are associated with the decision of who leads the Federal Reserve?

What differences exist between Chair Jay Powell and Governor Brainard regarding their support from political figures?