Tamara Keith

Well, we're going to take a quick break and we'll have more on the politics of this in a moment.

And we're back.

And just a reminder that if you don't want to miss any of our political analysis, make sure to hit that follow button in your favorite podcast app.

We've been talking about the Federal Reserve.

President Trump has named Kevin Warsh to take over as chairman of the Fed when Jerome Powell's term ends in May.

So, Scott, what should we know about Warsh?

Franco, has the president talked about this at all, talked about whether Warsh is going to do what he wants?

Yeah, and I guess we should mention that the Fed chair is not –

king.

The Fed chair is just one vote on the Federal Reserve Board.

So that mitigates the ability of the president or anyone else to make it be so, I guess.

So let's talk about the Senate.

Warsh will require Senate confirmation.

Franco, as we mentioned earlier in the show, North Carolina Republican Senator Tom Tillis said he won't vote on any Federal Reserve Chair nominee until the Justice Department drops its investigation into Powell and the Fed.

What has President Trump said about this?

Scott, can you do a little of the math for us?

If Tillis isn't persuaded, can Warsh make it through?

OK, let's leave it there for today.

Scott, thank you so much for joining us.

I'm Tamara Keith.