<span>STORY: “Changing the Fed chairman probably won’t produce the results the president hopes for”</span><span>added Smith.</span><span>He added that the “Fed chairman is only one vote out of 12.” “There are 11 other voting members on the policy-making board of the Federal Reserve, and it’s not a foregone conclusion that a Fed chair who wants to cut rates will be able to persuade the other 11, probably more like nine or 10 others, because there are probably a few votes there to cut rates pretty sharply.” </span>
