Rob Armstrong

Because he was saying, I'm going to stay.

Hmm.

I will no longer be chair, but I will remain a member of the committee until this investigation, at least until this investigation of the Fed for fiddling around with its building budget or whatever nonsense justification there was for this investigation is resolved.

Well, it looks like that's resolved now.

Mm-hmm.

But it looks like the investigation is over.

And so will Powell go now?

Because that changes the outlook if he stays, right?

And so that is going to be the first question.

I don't know what he's going to answer, but that bit will be exciting of the meetings.

I strongly agree with you that we do not know what he is going to do when he gets the job.

We just don't.

And the reason for that is easy to explain.

Anybody who would have gotten and kept Trump's nomination had to say a bunch of nonsense about interest rates to keep the president sweet.

That's just the price of admission to being in position to get the job.

And so we don't know whether he believes all the things he said or not.

And I think we should accept that fact, not as, you know, a criticism of him.

He made this decision.

He wants to be nominated by the president.

That comes with certain things you have to do.