Kevin Warsh: Will Trump's pick to head US central bank get him what he wants?

Donald Trump has nominated Kevin Warsh, a conservative economist, to replace Jerome Powell as chairman of the US central bank. Warsh's nomination is seen by some as a compromise between Trump's desire for lower interest rates and the Fed's independence. While Warsh has expressed support for higher interest rates, his appointment has drawn both praise from establishment figures and criticism from those who question his record and potential conflicts of interest. Whether Warsh will lead the Fed in the direction Trump desires remains to be seen.