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April 4, 2019

Ian Katz on Fed Seat Nominees in WSJ

"Trump Picks Herman Cain for Fed Seat" by Nick Timiraos and Alex Leary


Ian Katz was quoted in Nick Timiraos and Alex Leary's WSJ article, "Trump Picks Herman Cain for Fed Seat," published on April 4, 2019. 

The article reads:

While Mr. Trump initially passed on an opportunity to remake the Fed to his liking, now “he’s trying to make up for lost time,” said Ian Katz, a financial policy analyst at Capital Alpha Partners in a note to clients Thursday evening. “Trump has shifted to Trump mode.”

While it looked earlier like Mr. Moore could narrowly win confirmation, Mr. Katz said that Mr. Cain’s nomination could backfire by energizing critics of both picks. “We view it as an additional slight negative for Moore,” he said.

Source: https://www.wsj.com/articles/trump-considering-herman-cain-for-position-on-federal-reserve-board-11554399187?shareToken=st9a9533e849a1475d927023acffe527e3&ns=prod/accounts-wsj