Nick Martell

Somebody who's not at that humongous table in Washington, D.C.

is the president.

So let's talk independence from politics.

You've said it doesn't say anything in the Federal Reserve Act about making the White House happy, and it doesn't say anything about making the stock market happy.

Who is the Fed supposed to make happy?

That's not a political statement.

So Jerome Powell just ended his tenure as chair, although he's still going to be at the table for a couple of years.

Nick and I just did an episode on Friday covering his eight-year tenure, and we gave him a grade based on our assessment of his performance for both how he handled the economy and monetary policy and how he handled the Fed as an institution.

Are you able to share yours before we share ours?

Jack, do we have to do a grade revision here?

I mean, no.

I guess that one knock, the too late to raise interest rates, it's a pretty big knock.

You know, we've gotten to this point in the interview where it is just so fun speaking with you, Austin.

No, we had a blast.

And we know you've also won awards for public speaking.

You're on TV all the time.

We've seen you so many times up there.

So we've got a question that we think a lot of our listeners would want to know.

And as a couple of podcasters, we're always curious about this too, right, Jack?

Oh, look at the time.