4 Things You Need to Know About the Fed
Janet Yellen's term as the Federal Reserve chairperson is coming to an end, and President Trump is in the works at picking a replacement -- a choice that will have massive ramifications on the market for years to come.
In this week's episode of Industry Focus: Financials, our podcast hosts go into who the top two candidates are for the position, and how each of them will affect the future of the Fed and the American economy. Then, the hosts dive into some of the biggest changes that might get pushed through the Fed, depending on which candidate gets elected -- from a potential repeal or reworking of Dodd-Frank, to big changes to the Volcker Rule, and more.
A full transcript follows the video.
Source: Fool.com
