bite from president biden on that from today. watch this. we need stability and independence at the federal reserve. jay has proven the independence that i value in the fed chair. in the last administration, he stood up to political interference and successfully maintained the credibility of this institution. it s one of the many reasons that jay has support. jay pull stays, david. that s part of the explanation from the president. what do you say? i say a couple things. the market liked the news. they were worried that brainard, the vice chair, if she s supported by the senate, is not getting the top job. people were worried as light as he is as powell has been in terms of cutting inflation and we know it hasn t been cut at all, it s up three times what they said it would be by this time, she s even more of what we