President Trump officially nominated Kevin Warsh to be the next Federal Reserve chair, sending his nomination to the Senate today. The next stop will be a Senate Banking Committee hearing TBA. Cmte Ranking Member Warren said in response: "Kevin Warsh would be nothing more than Donald Trump's sock puppet at the Fed. The Senate must not move forward on his nomination as President Trump continues to weaponize the Department of Justice to seize control of the Fed through witch hunts against Chair Powell and Governor Cook. Nothing has changed."(Craig Caplan)