Nick Timiraos

His father-in-law is Ron Lauder, who is a former classmate of Donald Trump's.

And in 2002, there was an economic advisor at the White House who calls up one of Warsh's old professors and says, hey, I need to hire a really smart, hardworking person.

Have you got anybody?

And the economist professor says to the White House advisor, I've got the guy.

He's brilliant.

And that was Kevin Warsh.

And from that, he scores an appointment to the Fed board himself.

In 2006, at age 35, he became the youngest person ever to become a Fed governor.

quite representative of the Federal Reserve.

And then he has a ringside seat to the financial crisis in 2008.

He is disillusioned with some of the easy money policies that Bernanke is pursuing.

And so he becomes more critical of the Fed after he leaves.

The worry was that all of the money sloshing around in the economy

would show up either in inflation or asset bubbles.

Warsh writes regular essays, op-eds, gives interviews where he's pointing out what he thinks are the problems with the policies the Fed is pursuing.

Well, I talked to somebody who spoke with the president right as Trump was making that decision.

And this was somebody who said, I think you should pick Kevin Warsh.

And the president said, well, I want somebody who favors low interest rates.

So I think...

One way to read this is to say Trump saw the long track record, the written record that Warsh had published and said, well, maybe this guy doesn't actually want lower interest rates.