President Trump has just tapped Jerome Powell to replace Janet Yellen as Federal Reserve chair. 

In this commentary on CNBC, Faculty Fellow Jeffrey Bergstrand discusses why Powell is not as safe a choice for Fed Chair as the markets think, including these points:

  • Powell doesn't have Yellen's qualifications, making him a safe choice politically, but a risky choice for the economy.
  • Here's what happened the last time a non-economist ran the Fed.
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February 22
The Art of Political Murder: Who Killed Bishop Gerardi?
Seminars/Lectures
Francisco Goldman

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February 23 to February 24
2018 Human Development Conference
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Abigail Midlige, Tommy Emmet
February 23
The Curious Case of Political Liberalization: A Step to Democratization or an Authoritarian Survival Strategy?
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M. Tahir Kilavuz

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February 26
Diálogo: Journalism, Violence, and Freedom of Speech in Mexico
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