President Donald Trump spent his first term attacking the Federal Reserve over high interest rates, and his second term making cheap borrowing a political priority. So he picked Kevin Warsh, a critic of the Fed's inflation record, demanding alignment. Months in, Warsh raised rates a quarter point anyway the first hike in three years, and a direct contradiction of everything the White House has been asking for.
Presenter:
Alex Marquardt
Guests:
Jai Kedia: Center for Monetary & Financial Alternatives, Cato Institute
Mihir Torsekar: Senior Economist, Coalition for a Prosperous America
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