How Kevin Warsh Became Trump's Fed Chair Nominee

• Kevin Warsh is a former Fed Governor with a reputation as a 'maverick' who believes the Fed needs a 'house cleaning' and 'regime change'.
• He has expressed skepticism over the Fed's use of its balance sheet, particularly its expansion to over $4 trillion and later close to $9 trillion.
• Warsh has a 'hawkish lean' that would likely put upward pressure on interest rates, contrasting with Trump's desire for lower rates.
• His family ties to Ronald Lauder, a significant Trump ally, are noted as a potential factor in Trump's favor.

The video discusses Kevin Warsh as a potential nominee for Federal Reserve Chair under a Trump administration. Warsh, a former Fed Governor, is known for his hawkish views, advocating for 'regime change' at the Fed, criticizing past balance sheet expansion, and expressing concerns about inflation. His potential nomination could signal a significant shift in monetary policy.