Well known on Washington and Wall Street, Kevin Worsh began his career at Morgan Stanley before moving to the George W. Bush White House in 2002 as an economic adviser. The president then appointed him to the Fed in 2006.At 35 years old, he was the youngest Fed governor ever. Since leaving the Fed in 2011, Wars has worked for the legendary investor Stan Ducken Miller at Dukane Capital. He's not MAGA and has a reputation as an inflation hawk, which raises questions about the choice.But Worsh has also been a ...

For more, let's bring in our next guest who was among the final four in consideration for the job and for a time was widely viewed as the front runner. NEC director Kevin Hasset joins us now. Director Hasset, thank you so much for joining us.>> Great to be here. >> Are you disappointed that you didn't get it. >> Oh, no. No.I I've got my dream job. You guys have been seeing me say that for months. Uh I think President Trump made a great choice and I'm really thrilled and humbled by all the kind things he sai ...

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Federal Reserve Bank of Atlanta President Raphael Bostic said elevated inflation means the US central bank should wait before it cuts interest rates again. https://t.co/i9X3lF10rT ...

You've been talking about the prospect of this happening for a while. Your feelings this morning. >> Um, I think you know my feelings, John.I I think the president had a range of better choices and he picked the worst one in front of him. >> What gives you confidence, Neil, that that's actually going to bear out during his purported tenure should he get confirmed given the fact that he has had a different rhetoric over the past couple of months and frankly convince President Trump. Well, I mean, it's one th ...

Well, he is everyone's least favorite candidate. I mean, I mean, to me, look, the main criticism I have of Kevin Warsh is lack of judgment. Okay.Because. The performance. His performance during the financial crisis was not a pretty a particularly good one.And I think you could say arguably that it is disqualifying. I mean, to be that concerned about inflation at a time when the unemployment rate was rising very rapidly, you know, it kind of strains credulity. So.And in the years since. Everyone makes bad ca ...

Borch has had plenty of experience navigating within the central bank. President George W. Bush nominated him to be a Fed governor, serving from 2006 until 2011.He became former Fed chair Ben Bernankei's liaison to Wall Street during the 2008 financial crisis. Before serving at the Fed, Worsh was special assistant to President Bush for economic policy and an executive secretary at the National Economic Council where he advised the president and senior administration officials on the US economy. Worsh has be ...

That's the question. Who is Kevin Warsh. And I think the answer comes from the president.He's someone well-known on both Wall Street and in Washington. He began his career after graduating from Harvard Law and Stanford at Morgan Stanley, then moved from there to the George W Bush White House in 2000 to as an economic adviser. And then Bush appointed him as the youngest Fed governor ever in 2006.Since then, he's lectured at Stanford, but his primary job is advising the legendary investor Stan Druckenmiller a ...

I'd rather say it tomorrow, but just an outstanding person and a person. That won't be too surprising to people. It's going to be somebody that is very respected, somebody that's known to everybody in the financial world. And I think it's going to be a very good year.I hope so. Somebody was on your short list or on my reasonably short list. Bloomberg's Michael McKee joins us now.And I guess the tell was when he said this person could have had the job a couple of years ago. So it has to be somebody, I guess, ...

Drum roll please, your views on Kevin Warsh and what he would mean for markets. I think this is a big moment for markets in the short term in terms of we've talked over this month about some crazy moves and about kind of some frothy price action in markets. This is now the catalyst to to change things around.And let me explain why I think that relative to expectations as priced, this is a surprising outcome in terms of its kind of enforcing Fed credibility and Fed independence relative to what's priced. Thi ...