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To: DoodleDawg
Jerome Powell is a Republican who was appointed to the board by Obama. At the time the Senate had been blocking the appointment of Jeremy Stein for about a year. His appointment was a one Democrat plus one Republican deal. To the best of my knowledge Powell has been a Republican all his adult life and I've never read anything from him that might indicate he's a #NeverTrumper.



Fed should be fine with that guy, I didn't want TRUMP to reappoint Yellin!

She is a Democrat, she could tank the market just before the 2020 Election by raising interest rates too much or something else the markets don't like!

64 posted on 02/06/2018 5:22:18 AM PST by KavMan
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To: KavMan
She is a Democrat, she could tank the market just before the 2020 Election by raising interest rates too much or something else the markets don't like!

Yellen didn't raise interest rates; the Fed Open Market Committee did. Yellen was only one vote out of nine. Powell will be one vote out of eight until Trump fills the four vacant board of governor positions.

66 posted on 02/06/2018 5:48:12 AM PST by DoodleDawg
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