Trump nominates Kevin Warsh to be next Fed Chair

• Kevin Warsh served as a Fed governor from 2006-2011, nominated by President George W. Bush, and was a key liaison to Wall Street during the 2008 financial crisis.
• He has been highly critical of the Federal Reserve, arguing in a Wall Street Journal op-ed that the Fed should 'disregard its forecast of stagflation' due to AI's potential to boost productivity and push down inflation.
• Warsh also criticized Chair Powell for 'unwise choices,' specifically missing the persistence of post-pandemic inflation, and rejects the idea that inflation is caused by fast economic growth and high worker pay, instead attributing it to excessive government spending and money printing.

The video introduces Kevin Warsh, a former Fed governor and economic advisor to President George W. Bush, as a potential Fed Chair nominee. It highlights his experience navigating the Central Bank during the 2008 financial crisis and his critical views on the Federal Reserve's current policies, particularly regarding inflation and the potential impact of AI on productivity.