Mark Zandi
👤 SpeakerAppearances Over Time
Podcast Appearances
You know, we need to know that.
There's a Lisa Cook case.
Lisa Cook is on the board.
You know, she's been charged with mortgage fraud.
President has tried to fire her.
She sued saying you can't do that.
So that's now in front of the Supreme Court.
That's a huge decision.
If the Supreme Court says that what the president did is OK, then he's going to fire lots of folks and
presumably, and we're going to see a change fed pretty fast.
But let's see what the Supreme Court does.
If you listen to the kind of the back and forth when they were adjudicating this a couple months ago, it sounded like the Supreme Court was going to figure out a way to not allow the president to do that.
We'll see what Chair Powell does.
I mean, he will roll off as Fed chair in May, but his term as a Fed member doesn't end, I think, until the end of 2027.
Let's see what he does.
So I think investors are saying, let's see how this plays out here.