Why do presidents typically reappoint chairs of the federal reserve board even when they were originally appointed by a president of a different political party?

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asked Feb 1, 2020 118k views

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Talpaz · Answer 1 · 2020-02-05T16:54:45+0000

Answer:

Market stability

Step-by-step explanation:

By and large, the market likes stable leadership at the Federal Reserve. So, a President usually can keep the Fed Chair in place which allows for a healthier economy.

Why do presidents typically reappoint chairs of the federal reserve board even when they were originally appointed by a president of a different political party?

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