Trump's Pick For Fed Chairman And The GOP Tax Plan

On Thursday, President Trump announced Jerome Powell is his nominee to head the Federal Reserve. Powell has been serving on the Board of Governors since 2012. We discuss the pick and the GOP tax plan that was released today.

Cathy Minehan is the former president and CEO of the Federal Reserve Bank of Boston. She is also a former dean of Simmons College's School of Management in Boston.

Evan Horowitz is the "Quick Study" columnist at the Boston Globe. He tweets @globehorowitz.