Trump’s Establishment Picks Show Support for Fed Status Quo

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President Donald Trump sharply criticized the Federal Reserve during his 2016 campaign, but his picks to run the central bank point toward policy continuity and stability rather than disruption.

His selections of mostly establishment Republicans who are viewed as pragmatists and not ideologues show how he has opted in favor of more incremental monetary and regulatory policy changes rather than any radical rethink during a period of steady economic growth.



Source link: https://www.wsj.com/articles/trumps-establishment-picks-show-support-for-fed-status-quo-1523985684?mod=pls_whats_news_us_business_f

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