… we started with 11 candidates, is in talking to these candidates, I realized the Fed has become this very complicated operation. It's no longer just a price setting of money. There's this very complicated calculus between the monetary policy, the balance, the balance sheet, and regulatory policy. And we've really emphasized in the interviews what's the interplay for that calculus in terms of the, the best way forward for the American economy and what the, what is, … (04:09–04:21)
CLAIM
Asserts that there is a complex relationship between monetary policy, the balance sheet, and regulatory policy at the Fed.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
