The Julia La Roche Show · Thursday, July 30, 2026
Danielle DiMartino Booth analyzes the Federal Reserve's internal dynamics, suggesting that Christopher Waller's decision to support Powell despite dissenting votes might indicate a split between the Fed governors and the district bank presidents. She notes that if there were a deeper split, Waller would likely have dissented as well.
“Well, if it was a deeper split, then Waller would have dissented too.”
“So, I think right now Waller is kind of the person who's running, um, this, you know, working group inside the Fed that's investigating, looking into, investigating stupid of a word, wrong word, that's looking into the, the bureaucratic framework of the 12 district banks.”
“Is the division, the district bank presidents against the governors? We certainly didn't get a governor dissenting today. And they've all got votes.”