Bill Kristol

I think that the business community, which has been so pathetic, honestly, in its response to Trump, maybe they'll finally decide this is really a problem, though.

I don't know.

They have such ability to rationalize that a couple of calls from your friend, Scott Besant, and, you know, a couple of reassurances that, you know, don't worry, Kevin Warsh will be a responsible Fed chair.

Okay.

I don't have a lot of community, a lot of confidence necessarily that the business community will really go into the kind of resistance mode they should, but he's a prominent guy.

They're going after him on a kind of ridiculous thing, this, you know, rehabbing or rebuilding of the Fed bill.

headquarters.

I'm not even sure exactly what they're building and so forth.

Cost overruns, that kind of thing.

That's a criminal offense.

I mean, so it is part of the broader intimidation effort, obviously.

But you're right.

It also raises the specter, which is we've seen coming for quite a while, which is Trump does not want an independent Fed.

And just to complete that thought, the reason he doesn't want an independent Fed is not because he has deep, I mean, it's probably because he likes low interest rates and

That's just his prejudice.

But it's not because he has deep thoughts about monetary policy.

It's because he wants a Fed that will do what he wants and goose the economy in 2028 to help Republicans hold the White House.

No, it's striking that Tillis did this.

Now, Tillis is retiring, and it will be very interesting today to see if other people weigh in.

This is, I mean, you think of all the issues, I personally am even more outraged about ICE than the Fed, though both are outrageous and dangerous.