After months of speculation and a publicized selection process befitting The Apprentice, President Trump has announced his pick to lead the Federal Reserve: former Fed Governor Kevin Warsh.

Historically a monetary policy hawk, the now dovish Warsh is expected to align more closely with President Trump’s views on inflation and rate decisions.

On today’s Big Take podcast, host Sarah Holder sits down with Bloomberg Fed reporters Amara Omeokwe and Saleha Mohsinto discuss Warsh’s nomination, the early reactions we’ve seen from Wall Street and Washington, and what his past record and recent evolution signal about how he may handle interest rates and an ongoing battle over Fed independence.

Hosted by Sarah Holder; Produced by David Fox; Reported by Amara Omeokwe, Saleha Mohsin; Edited by Naomi Shavin.

Fact-checking by Eleanor Harrison-Dengate, Julia Press; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

After months of speculation and a publicized selection process befitting The Apprentice, President Trump has announced his pick to lead the Federal Reserve: former Fed Governor Kevin Warsh.
Historically a monetary policy hawk, the now dovish Warsh is expected to align more closely with President Trump&rsquo;s views on inflation and rate decisions.
On today&rsquo;s Big Take podcast, host Sarah Holder sits down with Bloomberg Fed reporters Amara Omeokwe and Saleha Mohsin to discuss Warsh&rsquo;s nomination, the early reactions we&rsquo;ve seen from Wall Street and Washington, and what his past record and recent evolution signal about how he may handle interest rates and an ongoing battle over Fed independence.
Hosted by Sarah Holder; Produced by David Fox; Reported by Amara Omeokwe, Saleha Mohsin; Edited by Naomi Shavin.
Fact-checking by Eleanor Harrison-Dengate, Julia Press; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

How Kevin Warsh Could Shape the Fed

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f708ac14-f7b8-4d2d-951a-b3e201739a2d/transcript