Trump Is Said Unlikely to Nominate Cohn as Fed Chair: WSJ

The transcript discusses the unexpected resignation of Fisher and the potential implications for the Federal Reserve's leadership. It explores the challenges Gary Cohn faces in being nominated as the next Fed chief, including political and ideological opposition. The conversation also touches on Janet Yellen's regulatory stance, particularly her opposition to rolling back Dodd-Frank regulations, and how this affects her standing with the Trump administration. The discussion concludes with an overview of the limitations of the Fed's rulemaking capabilities under current legislative parameters.

What were the expectations regarding Fisher's term and the potential reappointment of Janet Yellen?

How did Trump's behavior after Charlottesville impact Gary Cohn's nomination prospects?

Why might Gary Cohn not be favored for the position of Fed chief according to the discussion?

What was Janet Yellen's stance on regulatory changes, and how did it contrast with Gary Cohn's views?

What challenges does the Federal Reserve face in terms of rulemaking capabilities under Dodd Frank?