By clicking "I Agree" below, you acknowledge that you accept our
Feel free to check out our policies anytime for more information.
Filter by region
choosing to elevate the uncontroversial Jerome Powell to chairman of the U.S.
Federal Reserve, President Donald Trump has scored a rare bipartisan success.
Mr. Powell lacks formal training in economics, though, and while he can be
expected to sail smoothly on his predecessor’s course, it is hard to foresee if
he can make an effective Fed leader in more challenging circumstances.
Professor Enrico Colombatto