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November 21, 2017

Ian Katz featured in Politico's Morning Money

Politico's "Morning Money" by Ben White

Ian Katz was featured in Ben White's Morning Money Update published on November 21st, 2017.

The article reads:

"HERE COMES THE TRUMPFED — Cap Alpha’s Ian Katz: “[T]he president has an opportunity to create the TrumpFed from top to bottom, potentially six of seven seats occupied by people he wants there. It would be a stunning transformation from just earlier this year, when the Fed was led by Yellen, Stan Fischer and Dan Tarullo.

“The White House hasn’t been speedy to choose nominees, so we can’t assume the four spots will be filled anytime soon. … Names are being floated for other governor spots -- Mohamed El-Erian for vice chairman and Michelle ‘Miki’ Bowman for the seat that requires a community banking background.

“To be sure, over the past several years the Fed has usually had five and sometimes four governors. It’s accustomed to less than the full contingent of seven. So Trump doesn’t necessarily have to fill all the seats. But it’s a huge opportunity to stack the Fed to his liking.”"