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Who’s Next to Chair the Fed?

CTUP co-founders Arthur Laffer, Steve Forbes, and Steve Moore with other trusted economic advisers have recommended to President Trump’s short list of who should replace current Fed chair Jerome Powell. The next Fed chief needs to be an inflation fighter who understands that pro-growth policies like tax rate reductions reduce inflation while runaway government spending (Bidenomics) incites inflation. The Fed should pursue a strong and stable dollar policy. Here is how the WSJ reported our list:

WASHINGTON—Influential economic advisers to Donald Trump presented the former president with a shortlist of potential candidates to lead the Federal Reserve during a meeting at his Mar-a-Lago club in Florida last week, according to people familiar with the matter.

In the Thursday meeting, Steve Moore and Arthur Laffer, who have long advised Trump on economic issues, recommended three candidates: Kevin Warsh, an economic-policy adviser to President George W. Bush who later served on the Fed’s board of governors; Kevin Hassett, a former chairman of the Council of Economic Advisers during the Trump administration, and Laffer himself. Laffer, an economic adviser to former President Ronald Reagan, is one of the founding theorists of supply-side economics and a champion of the 2017 tax cuts Trump signed into law.

What do you think? Are there others who should be considered?

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