Member Views

Could Trump Take Over the Fed? It’s a Scary Thought

BWC chair William C. Dudley writes for Bloomberg Opinion that markets are too calm about the idea of a second Trump presidency.

"It's not easy for a single president to undermine the central bank’s independence, but the mere attempt can do a lot of damage."

The views and opinions expressed by our members and leadership do not necessarily reflect or represent those of the Bretton Woods Committee or our membership as a whole.

US Treasury Market Resilience and Central Clearing

BWC member Samim Ghamami writes in a piece called US Treasury Market Resilience and Central Clearing that "under robust capital regulation, governance, and risk management frameworks, central counterparties may reduce risks to the stability of the Treasury market."

The views and opinions expressed by our members and leadership do not necessarily reflect or represent those of the Bretton Woods Committee or our membership as a whole.

IMF—Unfinished business

During the IMF Spring Meetings on 16-18 April, while timidly celebrating the 80-year anniversary of the Bretton Woods Conference where the IMF was founded, some ventured into exploring the future of the institution. The current geopolitical climate could mean, though, that the future may very well be about the past of the IMF, creating a need to address important unfinished business.

Wen-Wen Lindroth

Lastly this week we welcome new member Wen-Wen Lindroth, head of global industrial credit at GIC Private Limited.

Wen-Wen leads a team of analysts in Singapore, New York, and London.

We appreciate her support for our work, and we look forward to her engagement!

Samy Muaddi

This week we also welcome new member Samy Muaddi, head of emerging markets fixed income at T. Rowe Price.

Samy has worked in a variety of capacities at T. Rowe Price for over eighteen years.

We appreciate his support for our work, and we look forward to his engagement!

SaMee Harden

This week we welcome new member SaMee Harden, professor at Northwestern University Pritzker School of Law.

SaMee is a former White House fellow and US Department of Justice senior legal counsel.

We appreciate her support for our mission and work, and we look forward to her membership and engagement!

The Enrico Letta Report and the state of the EU’s Capital Market Union

BWC member Hung Tran writes for the Atlantic Council that "the Letta report has focused attention to the need to complete and upgrade the Capital Market Union... to help the EU improve its economic performance in an era of geopolitical rivalry."

Hari Hariharan

This week we welcome new member Hari Hariharan, chairman and CEO of NWI Management.

Hari also joins our Advisory Council and our Distinguished Giving Society.

We appreciate his significant support for our work, and we look forward to his engagement and guidance!

Fred Hu

Lastly this week we welcome new member Fred Hu, founder, chairman, and CEO of Primavera Capital Group.

He oversees the firm’s overall strategy, talent development, and culture.

We appreciate his support for our work, and we look forward to his engagement!

The Fed’s quantitative easing program cost too much

BWC chair William C. Dudley writes for Bloomberg Opinion that "officials should evaluate the quantitative easing program" as part of next year's review.

"The aim should be to learn from past mistakes... focusing not only on the benefits, but also on the costs."