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New Fed Chairman Jerome Powell Answers To Trump or Us?

Monday President Trump’s nominee for the new Fed Chairman Jerome Powell exceeded expectations from investors.  If confirmed, Jerome Powell replaces Janet Yellen as the new Federal Reserve Chairman.  The markets expect a smooth path to Mr. Powell’s nomination.  The direction of interest rates, asset values and financial regulation rest with new Fed Chairman Jerome Powell.  However, the answer everybody wants to know, does the new Fed Chairman follow President Trump’s or our wishes?

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