Stephen Miran

I do.

I do.

And the reason is that he's been there before.

He knows how the place operates.

He knows a lot of the key figures involved.

And he's got the respect and the credibility that you need to do that.

And I think that people want him to succeed.

I think people want the Fed to sort of have a good role in the economy, a good role in the country.

And I think that they'll want him to succeed.

And I think that he will be able to marshal the arguments and the evidence that he needs to persuade people of his policy views.

Look, the president has never, ever asked me to do anything on monetary policy.

He has never asked me to do any specific action on monetary policy.

He's told me his views on monetary policy, but he tells the whole world his views on monetary policy.

You know them as well as I do, right?

That's not a secret.

He's never asked me to do anything.

And I wasn't in the room with any of Chairman-designate Warsh's conversations with the president or anybody else involved in this election process.

So I don't know what those conversations were like.

But if they were anything like the conversations I had with the president about monetary policy, then he wouldn't have asked him to take any specific actions.

You do that by taking policy actions that are consistent with the data.