Trump’s New Fed Pick Could Raise Interest Rates, Defy Expectations
A new Fed Chair has been nominated—and he could do what no Fed has done before.
Kevin Warsh, the youngest Fed governor appointed, serving during the Great Financial Crisis, is Trump’s new pick, and his decisions could have major impacts on the housing market. But the mainstream media is missing a few key variables, falsely assuming that Warsh will kick off a series of rate cuts that end in lower interest rates.
But, in reality, something completely different could happen—something that the Fed has never tried before.
Warsh has strong opinions on quantitative easing (money printing) and wants…
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