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Then one of our most eclectic fed president s, gary stern with firstrate academics. I would suggest out of minneapolis, a really unique, regional aspect, minneapolis economics. All of the fed Bank President s take on greater importance, because there are fewer people on the board, which brings me to my question. A lot of people have suggested lotyou were a fed staff, of people say the fed staff runs the fed, especially in the absence of a lot of governors with academic and economic credentials. Is the staff going to be pushing jay powell around . Should we be looking to the head of the Monetary Policy division for guidance . I think it would be a mistake to try to push him around. He is pretty solid and hes been working hard. Hes been around Financial Markets and policies since the 1990s. He was in part hired for the job because he represents continuity. The destiny that he will be his own person. How much can he be his own person in the face of 12 regional Bank President s who as voti

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