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Jerome Powell just retired and President Biden has appointed you as the new Chair of the Federal Reserve. Describe the following:The current economic conditions you see.

by | Jun 6, 2022 | Business | 0 comments

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Jerome Powell just retired and President Biden has appointed you as the new Chair of the Federal Reserve. Describe the following:The current economic conditions you see.
The current monetary policy in place.
What you see as your biggest challenges.
What actions do you plan to take to further the objectives of the Fed as described in its legislated mandate.
What benefits will come from your tenure as Chair?
HINT (to mention): Jaime Dimon, Elizabeth Warren, CRA, CFPB, OCC/FED/FDIC, Waller, Yellen
Talk about regulation
paper must:Be 1,000-1,025 words
The best papers will be heavily weighted toward your opinion. The most important factor is that you have a view and support it. Nobody has the absolute correct answer so no view is incorrect (it is okay and encouraged to have a view different from the one you might think I have).
Do your own work. Do not add significant quotations and/or citations. I am not requiring a bibliography. Rather, I prefer a list of sources that you utilized; recent articles in business/finance periodicals are a good area to focus

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