Nearly every Democrat in the Senate opposed Kevin Warsh’s nomination as Fed chair mainly because they said he would be a tool of the man who appointed him, President Trump. This past week, Warsh made them look downright foolish. Yes, the knock on Warsh was that he would deliver lower short-term rates to goose the economy as the midterms approach, despite persistent inflationary pressures, because he owes his loyalty to The Donald as opposed to his long-held beliefs about monetary policy. That such BS came from lefties like Sen. Elizabeth Warren (D-Mass.) should have been a tell of their political nature, as opposed ... (full story)