Donald Trump has been touting his pick to replace Fed Chair Jerome Powell as an economic boon, claiming Kevin Warsh will help deliver an improbable 15% rate of US growth. But financial markets will likely be content with something less hyperbolic: reassurance he won’t simply do the president’s bidding. The former Fed governor’s nomination initially sent yields and the dollar higher while knocking gold sharply lower, moves consistent with expectations of a tougher line on inflation and a smaller central bank balance sheet. But on this week’s episode of Trumponomics, Evercore ISI Vice Chairman Krishna Guha argues that investors may be over-interpreting Warsh’s hawkish reputation. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next. Check out more episodes of Trumponomics: https://www.youtube.com/playlist?list=PLe4PRejZgr0OF8WXDm7pQg2KFgVmeobxp Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts For coverage on news, markets and more: http://www.bloomberg.com/video #Trump #Economy #Politics #Business #Podcast #Bloomberg Understanding Kevin Warsh's Plan for the Fed