What a Fed Under Kevin Warsh Would Look Like

The transcript discusses Trump's remarks on Kevin Wash, a former Federal Reserve Governor, and his potential role as Fed Chair. Sam Bell provides insights into Wash's hawkish monetary policy stance and historical criticism of the Federal Reserve. The conversation shifts to Judy Shelton's nomination to the FOMC, highlighting her advocacy for the gold standard and potential impact on monetary policy.

What was Trump's sentiment regarding Kevin Wash's potential role at the Federal Reserve?

• He was indifferent about the decision.

• He regretted not appointing him.

• He was relieved not to have chosen him.

• He was glad he chose someone else.

How did Sam Bell describe the potential Federal Reserve under Kevin Wash?

• Indifferent to monetary policy

• Aligned with Jay Powell's policies

• Significantly more hawkish than Jay Powell

• More dovish than Jay Powell

What was Kevin Wash's main criticism of the Federal Reserve during the post-crisis period?

• It was too strict with monetary policy.

• It was too focused on inflation.

• It ignored structural reforms.

• It enabled government deficits.

What was Kevin Wash's stance on the Federal Reserve's approach to inflation?

• He thought the Fed was too lenient.

• He had no opinion on inflation.

• He believed the Fed was too strict.

• He supported the Fed's approach.

What monetary policy did Judy Shelton advocate for?

• A return to the gold standard

• A focus on digital currencies

• A flexible currency system

• A decentralized banking system

What was Judy Shelton's vision for a global currency?

• A currency based on digital assets

• A currency controlled by individual nations

• A global common currency with full gold convertibility

• A currency with no gold backing

What potential role could Judy Shelton have at the Federal Reserve?

• A minor advisory position

• A Fed chair candidate

• A regional bank manager

• A temporary consultant