Gary Cohn is reportedly the top pick to take over for Janet Yellen as Federal Reserve chair

Business Insider ^ | 7/12/17 | Bob Bryan

[DoodleDawg]

Hope he does better than the last non-economist Fed chair.

[Nucluside]

Channeling Milton Friedman...

[exit82]

I’ll pass on Cohn.

We already have enormous Goldman Sachs influence in our government—we don’t need any more.

[ClearCase_guy]

When do we get to do a real audit of that place?

[DoodleDawg]

Channeling Milton Friedman...

Better Friedman than G. William Miller.

[DoodleDawg]

When do we get to do a real audit of that place?

Depends on the bank but generally every fall.

[pangaea6]

Larry Kudlow

[PGR88]

Goldman Sachs is the public relations arm of the Federal Reserve

Freedom and limited government are ultimately inconsistent with a centrally-planned and manipulated, politicized, fiat monetary system. The latter will steadily destroy the former, as we are now seeing.

[entropy12]

This is the best nomination by POTUS in my opinion.
Janet Yellen is terrible at FED. Slowest recovery ever!

[newfreep]

Yellen printed $5-10 TRILLION and funneled most to Wall St to prop-up stocks.

Biggest wealth redistribution in the history of the world.

[RummyChick]

Yep. I would rather have cohn there than meddling in everything else at WH with dina powell.

[DIRTYSECRET]

Do we need a fed?

[DoodleDawg]

Goldman Sachs is the public relations arm of the Federal Reserve

Definitely for this administration if not for the Fed itself.

[RummyChick]

We cant even get the fed audited. People too afraid they will get the kennedy treatment

[DoodleDawg]

Janet Yellen is terrible at FED. Slowest recovery ever!

Depends on your point of view. Burns and Miller oversaw double-digit inflation rates and interest rates. At least Yellen avoided that.

[DoodleDawg]

We cant even get the fed audited. People too afraid they will get the kennedy treatment

Define 'audited'. You mean like a financial audit? Like any other bank or financial institution gets?

[RummyChick]

Audit the Fed bill will never be passed under this Admin..and not saying it relates to Trump...its just not going to happen. He will never get a chance to sign it

[DoodleDawg]

Audit the Fed bill will never be passed under this Admin..and not saying it relates to Trump...its just not going to happen. He will never get a chance to sign it.

Let's try again. What do you mean by "audited"? How does that differ from a standard financial audit that looks at financial statements, assets, liabilities, etc.?

[Wuli]

How Cohn got there:

http://www.businessinsider.com/how-goldman-gary-cohn-got-to-wall-street-2015-5

[RummyChick]

I gave you the reference

There is an audit the fed bill. Ask your congress person