Peter Conti-Brown is a historian and legal scholar of the Federal Reserve System and an associate professor at the Wharton School of Business at the University of Pennsylvania. Peter returns to the podcast to discuss the state of Federal Reserve leadership under the incoming Trump administration, expectations for Fed independence, a new proposal for limiting stigma at the discount window, stories about a life lead by faith, and much more. Check out the transcript for this week's episode, now with links. Recorded on January 10th, 2025 Follow David Beckworth on X: @DavidBeckworth Follow Peter Conti-Brown on BlueSky: @PeterContiBrown Follow the show on X: @Macro_Musings Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server! Join the Macro Musings mailing list! Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel Timestamps: (00:00:00) – Intro (00:01:23) – Reaching Audiences Through Various Forms of Media (00:10:30) – Federal Reserve Under Trump 2.0 (00:21:33) – Jerome Powell (00:25:56) – Michael Barr (00:34:52) – New Discount Window Proposal (00:40:27) – Faith Life (00:56:28) – Radical Uncertainty (01:00:15) – Outro

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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