特朗普最重要的人事决策落地！沃什曾承诺彻底与前任决裂

Core Viewpoint - President Trump has nominated Kevin Warsh, a former Federal Reserve official, to be the next chairman of the Federal Reserve, aligning with Trump's critical stance on the Fed's current policies [1][2]. Group 1: Nomination Details - Warsh served as a Federal Reserve governor from 2006 to 2011 and played a key role during the financial crisis [1]. - Trump's decision marks the conclusion of months of internal discussions regarding the Fed chair nomination, which is considered one of the most significant personnel decisions of his presidency [1]. - Warsh's nomination requires Senate approval, and he is expected to face scrutiny due to an ongoing investigation by the Department of Justice regarding the Fed [2]. Group 2: Economic Policy Implications - The Federal Reserve is currently divided on whether to lower interest rates further, with some officials arguing that inflation remains above the 2% target [1][2]. - Warsh has previously been labeled as "hawkish" due to his warnings about loose monetary policy leading to higher prices [1]. - Trump has expressed a desire for the Fed to lower interest rates, having previously criticized current Chairman Powell for not meeting his expectations [2][3]. Group 3: Challenges Ahead - Warsh will face unprecedented challenges, including managing inflation that has exceeded targets for several years, addressing tariff-related price increases, and evaluating the impact of artificial intelligence on productivity and the labor market [2]. - The potential rise of digital currencies poses additional challenges for the Fed, which is responsible for regulating the U.S. banking system [2]. Group 4: Historical Context - This leadership change at the Fed could be one of the most significant since Paul Volcker's appointment in 1979, which transformed the Fed's anti-inflation strategy [4]. - Warsh has committed to a complete break from previous policies, indicating a potential overhaul of the Fed's asset holdings, policy framework, and its role in the economy [4][5]. Group 5: Competitive Landscape - Warsh's nomination came after he outperformed other candidates, including Kevin Hassett, Christopher Waller, and Rick Rieder, all of whom were considered strong contenders for the position [5][6]. - Trump confirmed that Hassett will remain as the Director of the National Economic Council, emphasizing his value to the administration [6].