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  • 11-04-2019
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Why do presidents typically reappoint chairs of the federal reserve board even when they were originally appointed by a president of a different political party?

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mrsedlack
mrsedlack mrsedlack
  • 11-04-2019

Answer:

Market stability

Explanation:

By and large, the market likes stable leadership at the Federal Reserve. So, a President usually can keep the Fed Chair in place which allows for a healthier economy.

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