Friday, December 6, 2019

Trump Federal Reserve Board Nominee Dies

Economist Marvin Goodfriend, who was nominated by President Trump for a position on the Federal Reserve Board of Governors, has died.

The nomination was never confirmed by the Senate and it expired in January.

An extreme Keynesian, Goodfriend was no friend of sound monetary policy. He was in favor of negative interest rates during downturns. That is he wanted to charge savers for saving.

He died on Thursday, December 5 at the age of 69.



  1. As the wise Bugs Bunny once said, “too bad, too too bad, oh well”

  2. I wonder what he knew about the Clintons.