Mnuchin pushing Trump to pick Jerome Powell for Fed

(From Politico)

Powell spent eight years as a partner at private equity firm Carlyle Group, giving him the private sector bona fides admired by Trump. He is “a bit older, silver-haired, who fits the image of the senior, distinguished Fed chair,” said Ian Katz, an analyst with Capital Alpha Partners.

Who cares if he “fits the image” of a Fed Chair? And the Carlyle Group? A chief node in the Washington/Wall Street nexus?

We are not on fire for any of Trump’s potential Fed nominees. (Not that this is surprising.)

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