Why did he suddenly change direction towards Wash? You might remember the day when long-term bond yields rose as Kevin Hassett emerged as a strong candidate and the media focused its fire on him. He made the market misunderstand him as a hawk while calming the media... I wonder if there was an agreement that he would lower interest rates if he became the Fed Chair. If you look up Kevin Wash's interview from last July, he wasn't really that hawkish and he does well.