[Walsh Nominated by Trump as Federal Reserve Chair, Policy Shift Draws Attention] Kevin Walsh, formerly an inflation hawk at the Federal Reserve, has long criticized the negative impacts of overly stimulative monetary policy and quantitative easing. Recently, he has shifted to supporting interest rate cuts, arguing that productivity growth driven by artificial intelligence and Trump's deregulation policies will curb inflation. Walsh plans to reduce the Federal Reserve's balance sheet and balance bond yield changes by lowering short-term interest rates. He has also proposed reshaping the Federal Reserve, criticizing its overreliance on government statistical data. As Federal Reserve Chair, Walsh will need to strike a balance between Trump, financial markets, and the Federal Reserve's internal technocrats.