Zoom conference call with elections expert John Fund
The narrow 2020 presidential election may have been determined by highly selective grants from Mark Zuckerberg's philanthropies.
The narrow 2020 presidential election may have been determined by highly selective grants from Mark Zuckerberg's philanthropies.
One purported difference is that Mr. Powell will be more independent than Ms. Brainard, who is close to Treasury and a partisan Democrat. As Donald Luskin of TrendMacro notes, she struck a dovish tone in September before the 2016 election, but on the eve of the Trump Presidency in January 2017 she suddenly discovered that the Fed was close to its inflation and unemployment targets.