Changes At The US Fed Board Won't Change Monetary Policy Direction

US President Joe Biden has put forth his nominations to fill the vacancies on the Board of the Federal Reserve namely former Fed governor Sarah Bloom Raskin, as well as academic economists Lisa Cook and Philip Jefferson. How will the composition of the Fed Board affect policy-making moving forward? We discuss the Fed's policy direction as well as the fall out of the trading scandal with Bloomberg Opinion columnist Daniel Moss. Image credit: EPA-EFE