US Federal Reserve

Submitted by Bill Blain of Mint Partners

“Always the hurricane’s blowing, always the population growing, and the money owing..”

Who will be the next Fed Head?

Authored by Kevin Muir via The Macro Tourist,

The current front-runner for the next Fed Chair is Kevin Warsh. He seems to have all the prerequisites that Trump idolizes. He’s connected. He’s not an academic. He has conservative leanings.

But most important, he’s rich. I mean really rich.

You see, Kevin married the granddaughter of the founder of the Estee Lauder company.

With the race for the next Fed chair in its final stretch as Trump is now expected to make his decision over the next few weeks, and following recent reports from Bloomberg, Politico and the WSJ, the three frontrunners to replace Yellen, according to PredictIt, are Kevin Warsh, Jerome Powell, Gary Cohn and unexpectedly, Neel Kashkari, following yesterday's endorsement by Jeff Gundlach...

... Bank of America has put together a handly cheat sheet laying out a summary of the major views by the 4 key contenders.

Authored by Mike Shedlock via MishTalk.com,

Society General’s Albert Edwards was at the Bank Credit Analyst annual conference in New York last week.

Also in attendance were Larry Summers, Paul Volcker, and potentially the next Fed Chair, ex Fed-Governor Kevin Warsh.

Edwards’ email comments on Warsh and Summers ring a bell with me.

I was the first speaker and afterward I enjoyed listening to every other speaker at the two-day event.

 

Picking up on a story reported previously by both the WSJ and Politico - oh and Bloomberg itself - Bloomberg writes that Trump’s advisers have delivered the final list of candidates they recommending as candidates to lead the Fed and have ended the search.