Trump Wants to Blow up His Own Presidency

Trump wants to blow up his own presidency

With his own man as chair of the Federal Reserve, the president opens up the most damaging prospect of all – that the White House wants to manipulate the currency for political ends

The man Trump wants running the Federal Reserve has a radical decade-old plan, and even his allies aren't sure the markets can handle it

Kevin Warsh, President Trump’s pick to lead the Federal Reserve, has a sweeping plan that could reshape the country’s financial markets. Warsh has spent years pushing for the Fed to step back from its heavy role in markets. If the Senate confirms him, he will finally get his chance, and Wall Street is bracing for serious disruptions. This creates a major conflict within the administration. Trump wants the Fed to cut borrowing costs to lower mort…