Will Trump's pick to lead US central bank get him the change he wants?

The article discusses the potential impact of President Trump's pick, Kenneth Warsh, to lead the US central bank, the Federal Reserve (Fed). The article suggests that there is a divide in opinion on whether Warsh will align with Trump's views on how the Fed should be operated. Trump has been critical of the Fed's policies and has expressed a desire for the central bank to be more accommodative to his economic agenda. The article notes that Warsh, a former Fed governor, has expressed views that align more closely with the central bank's traditional approach of maintaining independence and focusing on price stability and employment. The article highlights the potential tension between Trump's desire for a more compliant Fed and the need for the central bank to maintain its credibility and independence. It suggests that Warsh's nomination, if confirmed, could be a test of the Trump administration's ability to influence the Fed's decision-making process.
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