The Swamp Wins: Trump Expected To Nominate Powell To Replace Yellen

Authored by Tho Bishop via The Mises Institute,
In the end Donald Trump will get what he wanted, a “low interest rate person” who also happened to be a “Republican.”
Jerome Powell is expected to replace Janet Yellen in an announcement later this week. If so, this means Trump will ensure that, while the stationary at the Eccles Building will change, the monetary policy guiding it likely will not.