Here's What You Need To Know About Trump's Pick For Fed Chair

• Kevin Warsh, a former Fed Governor, is being considered by Donald Trump for the next Fed Chair.
• Warsh believes AI, massive capital investment, and deregulation can lead to faster growth and lower inflation, implying lower interest rates.
• He is a critic of the Fed's 'mission creep,' an 'enemy of QE,' and advocates for shrinking the Fed's balance sheet, which could also lead to lower rates.
• Warsh supports operational independence for the Fed but also cooperation with the Treasury, potentially through a new 'Fed-Treasury accord'.

The video discusses Kevin Warsh, a potential nominee for Fed Chair by Donald Trump, highlighting his background and economic philosophy. Warsh is known as an inflation hawk but believes in achieving faster growth with lower inflation through AI, capital investment, and deregulation, which could lead to lower interest rates. He also advocates for shrinking the Fed's balance sheet and a re-evaluation of Fed independence.