Fed Faces Regime Change as Powell’s Steps Down as Chair

Today marks the end of Jerome Powell’s term as Fed Chair. His tenure will be defined by the pandemic and his response to the inflation surge that followed. Lael Brainard, Former Director of the National Economic Council During the Biden Administration, Former Vice Chair of the Federal Reserve, Distinguished Fellow at the Georgetown Psaros Center for Financial Markets and Policy joins to discuss the future of the Fed and Kevin Warsh’s Chairmanship. (Source: Bloomberg)