Jim Bianco
Jim Bianco|Jun 27, 2025 23:04
Fed Governor Andrea Kugler’s term ends Jan 31. Bessent is suggests they announce their pick to be Powell’s replacement by Oct, and that person starts as a Governor on Feb 1, eventually getting promoted to Chair in May. In other words, two Fed Chairs at the same time! —- Wel’ve had two Popes before (and even three), so I’m sure it’ll be just as stable and tranquil as the early 15th Century was for Europe
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