Krugman Denies Interest In Fed Chair

03/25/2010 05:12 am ET | Updated May 25, 2011
  • Simon Johnson Baseline Scenario

Paul Krugman says that Simon’s idea that he should be chair of the Fed is “crazy.” Krugman’s point is either that he wouldn’t be confirmed or that he wouldn’t be able to bring the Open Market Committee along. Maybe he’s right about the former; a Republican filibuster does seem reasonably likely.

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