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In the Trump era, the media is always desperate to find the "adults in the room." The savvier players like Powell know how to take advantage of that and shape the narrative around them and their own competence while taking substantive judgment of their decisions off the table.
Agree but, like, he also just did a good job which generated bona fide confidence in his decision-making. It wasn't just that he's good at the PR game
He did fine in some respects (dollar swaps with foreign CBs) and horrible in others (MLF).
Even the MLF was a good idea in principle, it was just priced too high to be useful to local govs. And even then the prices got cut in August! The broader point is just that the fed has done a whole lot of actual good, it's not just "good optics" or whatever
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