"There’s a big scoop! Jay Hatfield, the boss of a New York investment firm, recently talked about the new interim Fed governor, Milan, saying it’s quite interesting. Why? Because this guy used to be the head economic advisor to the president and has said some pretty controversial things.

However, Hatfield thinks that’s not really an issue; he can still do the job he’s supposed to do well. Besides, it’s already hard to recruit for such short-term positions, and it’s even more difficult to poach from businesses, so choosing Milan is a pragmatic choice.

Now, what everyone is most concerned about is: who will be the next chairman of the Fed? That’s definitely much more important than the interim governor.