48:["$","$1","6",{"children":[["$","div",null,{"className":"payload-richtext prose md:prose-md dark:prose-invert underline-offset-2 prose-a:font-normal prose-a:hover:text-accent prose-a:transition-colors prose-a:duration-100 prose-a:ease-out prose-a:decoration-accent prose-a:**:decoration-accent! max-w-[636px] mx-auto md:text-xl font-serif md:[&>h2]:text-3xl pb-8","children":[["$","p","0",{"children":["So why didn’t Trump just reappoint Yellen? She steered the Fed through the rocky post-crisis years, led markets through four rate hikes, and most recently, ",["$","a","1",{"href":"https://qz.com/1083084/the-fed-unwinds-its-4-5-trillion-stimulus-plan","rel":"$undefined","target":"$undefined","children":["announced the unwinding"]}]," of $4.5-trillion balance sheet without causing much of a stir. Trump has acknowledged her tact and leadership, ",["$","a","3",{"href":"https://qz.com/1079245/janet-yellen-is-once-again-the-frontrunner-for-the-next-fed-chair-for-now","rel":"$undefined","target":"$undefined","children":["insisting he likes and respects her"]}],", and that she’s done a good job. Presidents have typically reappointed Fed chairs inherited from their predecessors, as Obama did with Ben Bernanke (nominated by George W. Bush) and Bill Clinton did with Alan Greenspan (nominated by Ronald Reagan)."]}]]}],[false,false]]}] 49:["$","$1","7",{"children":[["$","div",null,{"className":"payload-richtext prose md:prose-md dark:prose-invert underline-offset-2 prose-a:font-normal prose-a:hover:text-accent prose-a:transition-colors prose-a:duration-100 prose-a:ease-out prose-a:decoration-accent prose-a:**:decoration-accent! max-w-[636px] mx-auto md:text-xl font-serif md:[&>h2]:text-3xl pb-8","children":[["$","p","0",{"children":["Trump doesn’t tend to do what presidents typically do, and ",["$","a","1",{"href":"https://www.bloomberg.com/view/articles/2017-10-30/trump-drags-the-fed-down-into-the-political-mud","rel":"$undefined","target":"$undefined","children":["some argue"]}]," that he has turned the appointment of the next leader of the Fed, a historically independent institution, into a politicized reality-TV spectacle."]}]]}],[false,false]]}] 57:T4fd,