Kevin Warsh

Chairman-designate Warsh has a long and illustrious career in history as a very insightful thinker on monetary policy.

I think he's a fantastic pick from the president.

I think he's got enormous credibility.

I think he's got enormous gravitas.

I think he's got enormous respect from financial markets, from economists, from everyone.

I think he's going to do just a knockout job.

And given the fact that inflation is still pretty tame, should they be doing a string of cuts into 2026?

The central bank can hit any price level that it wants, any inflation level that it wants.

We might not like how they do it, but the idea that is they should be blaming someone else strikes me as quite antithetical to good economic history.