Trump’s Surprise Move

President Trump just named Kevin Warsh as his pick to succeed Jerome Powell as Fed chair, putting an end to the chaos surrounding the central bank. It’s about time, considering the turmoil that’s been brewing. Warsh, a former Fed governor, is no stranger to the bank’s inner workings.

A Safe Choice?

Trump’s nomination of Warsh won’t come as a shock to many. Warsh has been a vocal critic of the Fed’s policies, and his views align with Trump’s. But don’t expect everyone to be thrilled about the choice. Critics say Warsh’s appointment could lead to a more hawkish approach to monetary policy, which won’t sit well with some lawmakers.