What to expect from the Federal Reserve under Kevin Warsh

Kevin Worsh's expected nomination, the Fed chair, has been met with high praise from those who think the Fed has made big mistakes and worse has better ideas and can fix them, but also been met with deep concern about potential far-reaching changes at the Fed, uncertainty and rhetoric that for some has not always been entirely consistent. On the key issue of Fed independence, Borch has been a strong supporter. Says a less active Fed will be more independent from Congress.The risk here, a few Trump appointee ...