Jeffrey Lacker is a former president of the Federal Reserve Bank of Richmond, where he served as its head from 2004 to 2017. Jeffrey is now a senior affiliated scholar at the Mercatus Center and is also a returning guest to the podcast. He rejoins David on Macro Musings to talk about a wide range of Fed governance issues, including the evolving nature of governance at the Fed, the increasing politicization of the central bank, its continuing relationship with Congress, and a lot more.

Transcript for this week’s episode. (https://www.mercatus.org/macro-musing...)

Jeffrey’s Mercatus profile (https://www.mercatus.org/scholars/jef...)
Jeffrey’s website (https://www.jeffreylacker.org/)
Jeffrey’s Richmond Fed archive (https://www.richmondfed.org/research/...)

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Related Links:
Governance and Diversity at the Federal Reserve (https://www.mercatus.org/research/pol...) by Jeffrey Lacker
Some Questions About the Fed’s Monetary Policy Operating Regime (https://media4.manhattan-institute.or...) by Jeffrey Lacker
The Legacy of Bennett McCallum and Lessons for Monetary Policy Today (https://www.mercatus.org/economic-ins...) an event hosted by the Mercatus Center
Ed Nelson on the Life, Work, and Legacy of Bennett McCallum (https://www.mercatus.org/macro-musing...) by Macro Musings
What Can the Fed Do About the Deficit? Nothing (https://www.wsj.com/economy/central-b...) by Greg Ip