Austan Goolsbee

It circulated the statement.

And here's the – there's an alternative A, B, and C. And what we vote on is alternative B, what the rate change or non-change is and the statement as it exists.

And you can vote yes or no.

And they tend to be not Politburo-like, but they tend to not be – they tend to be unanimous or a small number of dissents unless you get into weird –

And we might be in that kind of weird environment.

At the last meeting, we had the most dissents in 30-something years.

And interestingly, some of those dissents weren't even about the rates.

They were just about the words in the statement, wanting the words to be tougher.

It's pretty amicable.

We get along pretty well.

I would say we get along pretty well, but it's a little—I mean, it's the Fed, so it's got a formal aspect to it.

The debate oftentimes happens across meetings, so—

You get to bring your research director or somebody from your – and they're writing down what everybody says, and then we'll come back and be like, what did Anna Paulson say from Philadelphia when she was talking about XYZ?

And we'll try to analyze that.

We'll come back the next time and sort of have a debate.

There are a few economists.

You know, I was a research economist.

There are also business people and markets finance people.

And they're coming at this from different ways.

I worked with Kevin Warsh, the new chair.