Firing Fed Chair Jerome Powell, as some progressives want, would sabotage Biden’s agenda

The other main objection to Powell is that Biden is a Democrat — therefore, Biden should appoint a fellow Democrat as Fed chair. Trump, after all, dumped Powell’s excellent predecessor, Janet L. Yellen, because Trump thought he needed a loyal Republican in the job (and mistook Powell for just such a partisan hack). Some Dems seem to think it’s only fair that Biden do the same.