Karl W. Smith, Columnist

Don't Let Trump's Fed Pick Choke the Recovery

Economist Marvin Goodfriend has been way too jittery about inflation. And he's been wrong.

February 15, 2018 at 10:00 AM UTC

Karl W. Smith is a Bloomberg Opinion columnist. Previously, he was vice president for federal policy at the Tax Foundation and assistant professor of economics at the University of North Carolina.

Relax!
Photographer: Andrew Harrer/Bloomberg

Provide news feedback or report an error

Site feedback:

Take our Survey

Marvin Goodfriend’s nomination is in trouble, and that’s a good thing.

Goodfriend is President Donald Trump’s pick to fill one of the four empty seats on the Federal Reserve Board. He faced a brutal interrogation from Senator Elizabeth Warren during his confirmation hearing in January, and has won few friends among Senate Democrats.