Opening Statement by Kevin Warsh Nomination to be Chairman of the Board of Governors

It is a pleasure to be here today for the 75th anniversary of the Bundesverband deutscher Banken. When this association was founded, Europe was emerging from the most devastating period in its modern history – and was about to enter a golden age of peace and economic growth. Today we face more uncertainty about which direction Europe will take than at any point since then. And much of that uncertainty is coming from beyond our borders. When historians look back at this period, what will stand out is the sheer relentlessness of it. A once-in-a-generation pandemic, followed by a land war on our continent, followed by the worst energy crisis in 50 years, followed by the most sweeping tariff increases since the 1930s. ECB'S PRESIDENT LAGARDE: ECB WILL ACT AS THE SITUATION DEMANDS. ECB'S PRESIDENT LAGARDE: WAR'S STOP-START NATURE MAKES IMPACT HARD TO GAUGE. NO EASY PATH BACK TO PRE-WAR SITUATION. - FINANCIALJUICE ... ECB LAGARDE: ECONOMIC PICTURE REMAINS DEEPLY UNCERTAIN LAGARDE SAYS EURO ZONE NOT YET IN ADVERSE SCENARIO ...

The DEAL that we are making with Iran will be FAR BETTER than the JCPOA, commonly referred to as “The Iran Nuclear Deal,” penned by Barack Hussein Obama and Sleepy Joe Biden, one of the Worst Deals ever made having to do with the Security of our Country. It was a guaranteed Road to a Nuclear Weapon, which will not, and cannot, happen with the Deal we’re working on. They actually gave $1.7 Billion Dollars in “GREEN” Cash, loaded into a Boeing 757, and flown to Iran for Iranian leadership to spend anyway they saw fit. He emptied out all of the Cash from Banks in D.C., Virginia, and Maryland. Those Bankers said they’ve never seen anything like it before. In addition, Hundreds of Billions of Dollars was paid to Iran. If I did not terminate that “Deal,” Nuclear Weapons would have been used on Israel, and all over the Middle East, including our cherished U.S. Military Bases. The Fake News, like Lightweight Washington Post “Journalist” David Ignatius, loves to talk about the JCPOA, knowing that it was DANGEROUS, and a Complete Embarrassment to our Country. If a Deal happens under “TRUMP,” it will guarantee Peace, Security, and Safety, not only for Israel and the Middle East, but for Europe, America, and everywhere else. It will be something that the entire World will be proud of, instead of the years of Embarrassment and Humiliation that we have been forced to suffer due to incompetent and cowardly leadership! President DONALD J. TRUMP The Democrats are doing everything possible to hurt the very strong position we are in with respect to Iran. Despite World War I lasting 4 years, 3 months, and 14 days, World War II lasting 6 years and 1 day, the Korean War lasting 3 years, 1 month, and 2 days, the Vietnam War lasting 19 years, 5 months, and 29 days, and Iraq lasting 8 years, 8 months, and 28 days, they like to say that I promised 6 weeks to defeat Iran, and actually, from the Military standpoint, it was far faster than that, but I’m not going to let them rush the United States into making a Deal that is not as good as it could have been. I read the Fake News saying that I am under “pressure” to make a Deal. THIS IS NOT TRUE! I am under no pressure whatsoever, although, it will all happen, relatively quickly! Time is not my adversary, the only thing that matters is that we finally, after 47 years, straighten out the MESS that other Presidents let happen because they didn’t have the Courage or Foresight to do what had to be done with respect to Iran. We’re in it, and it will be done RIGHT, and we won’t let the Weak and Pathetic Democrats, TRAITORS ALL, who for years have been talking about the Dangers of Iran, and that something has to be done, but now, since I’m the one doing it, belittle the accomplishments of our Military and the Trump Administration. This is being perfectly executed, on the scale of Venezuela, just a bigger, more complex operation. The result will be the same. In my First Term, I built the Greatest Military our Country has ever seen, including adding Space Force. In my Second Term, I am properly and judiciously using our Military to solve problems left to us by others of far less understanding or competence. MAKE AMERICA GREAT AGAIN! President DONALD J. TRUMP

I’m winning a War, BY A LOT, things are going very well, our Military has been amazing and, if you read the Fake News, like The Failing New York Times, the absolutely horrendous and disgusting Wall Street Journal, or the now almost defunct, fortunately, Washington Post, you would actually think we are losing the War. The enemy is confused, because they get these same Media “reports,” and yet they realize their Navy has been completely wiped out, their Air Force has gone onto darker runways, they have no Anti Missile or Anti Airplane Equipment, their former leaders are mostly gone (This has been, in addition to everything else, Regime Change!), and perhaps, most important of all, THE BLOCKADE, which we will not take off until there is a “DEAL,” is absolutely destroying Iran. They are losing $500 Million Dollars a day, an unsustainable number, even in the short run. The Anti-America Fake News Media is rooting for Iran to win, but it’s not going to happen, because I’m in charge! Just like these unpatriotic people used every ounce of their limited strength to fight me in the Election, they continue to do so with Iran. The result will be the same — It already is! President DONALD J. TRUMP The Iranian leadership has forced hundreds of Ships toward the United States, mostly Texas, Louisiana, and Alaska, to get their Oil — Thank you very much! President DONALD J. TRUMP