Stockman: Trump Is Going After The Fed

by Craig Wilson
Daily Reckoning

David Stockman discussed on Wednesday exactly why he believes the shake up by a potential Donald Trump White House would be a good thing for the U.S economy.

Stockman, former OMB director under the Reagan Administration, appeared on CNBC Fast Money to cover his new book, TRUMPED! out now.

“I think the markets have totally underestimated why the phenomenon has happened. His odds of winning and the consequences if he does. I think it is pretty evident the elephant in the room of American politics is the Fed. The Fed has been killing Flyover America. Flyover America is that huge space between the two coasts.”

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