Keith Duggan

Well, yeah, Kevin Warsh is one of those sort of hitherto obscure, incredibly accomplished sort of financial people who sort of whose lives appear to be kind of run along a kind of, you know, like just a track of accomplishment.

He's 56 years.

He's from upstate New York.

He went to Stanford and went to Harvard Law School.

While at Stanford, he met a businesswoman, Jane Lauder, who is the heiress to the Estee Lauder company.

And he basically moved through private equity, investments, et cetera, until 2001 after the strikes in the World Trade Center.

He kind of felt a calling or a need to get into public governance there.

And he has served on the Federal Reserve Board before and obviously most recently has come back into the spotlight because Donald Trump appoints him to succeed Jerome Powell as chairman of the Federal Reserve.

Well, he was specifically referring, that came up after Warsh's confirmation hearing before Congress.

And he was sort of specifically referring to a series of very simple questions that Kevin Warsh was asked, including, you know, who won the 2020 election.

And

Like many of his predecessors who have appeared for confirmation hearings, he sort of evaded it.

He said, you know, that the election was approved, etc.

He just didn't outright say that Biden had won the election.

So Kroger interpreted that as a sort of, you know, an evasion and also as a forecast of how Warsh is likely to behave once he takes over the role as he has since last week.

Yeah, it was.

And that's because it was it was regarded as sort of, you know, a very partisan appointment.

And there are fears that that Warsh will be malleable, that he will be, as Krugman suggested, Donald Trump's sock puppet.

You know, Krugman's broader view on Kevin Warsh is that he is very, very plausible, very articulate and sort of smooth in public.

But but, you know, he is described as a partisan hack and that he's he's a conservative Republican.