Subject: Re: Kevin Warsh nominated as Fed Chair
Trump needs Warsh. He needs expertise. Trump may have woken up to that fact.
Whether rates are higher or lower, we are insulted by a president insisting on anything. Trump is not the first to insist or work his way.
The good labor market is giving way. One of these meetings policy will change. Trump is killing two birds with one stone. He is blaming the FED and showing his ability.
Trump's ability runs into defaulting on the debt. Only idiots don't make money from a bankruptcy.