• Introducing analysis of why Kevin Warsh got the Fed chair nomination, referencing his Wall Street Journal op-ed.
    speaker1
  • Citing Warsh's WSJ op-ed 'The Federal Reserve's Broken Leadership' which argues Americans would have higher pay and purchasing power if the Fed improved.
    speaker1
  • Summarizing Warsh's view that AI (American Ingenuity) is key and very disinflationary.
    speaker1
  • First policy point: Discard stagflation forecast; subpar growth with inflation 40% above target is unacceptable.
    speaker1
  • Goal is more take-home pay and buying power via lower taxes and regulation from Trump administration.
    speaker1
  • Second policy point: Inflation is a choice caused by government overspending and money printing, not by economic growth or wages.
    speaker1
  • Third policy point: Take responsibility for regulatory failures and change Fed policy rules going forward.
    speaker1
  • Oppose Basel III Endgame regulations from foreign banks being implemented in the US.
    speaker1
  • Conclusion: Warsh's platform of less taxes, more take-home pay, more buying power, and less regulation is why he got the Fed nod.
    speaker1
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