What a Biden-led Blue 'Tsunami' Means for the Financial System, and Why Jerome Powell is Trump's Unsung Hero
The financial system is bracing for the Presidential election and the policy changes that will follow. We spoke to Jaret Seiberg, financial services and housing policy analyst for Cowen Washington Research Group, about the markets’ muted reaction to President Trump’s COVID-19 diagnosis, key policy initiatives that could result from a Biden or Trump victory, and how these changes could impact the wealth gap and financial inclusion. Seiberg also talked about Jerome Powell nearing the end of his term as Fed Chairman and speculated about who will take his place, even though Seiberg says Powell has been the MVP of the economy.