$XPL @Plasma #Plasma Hating the wealthy is the common denominator

CCTV News reported that Trump formally nominated Kevin Warsh as the next Chair of the Federal Reserve, but the nomination still needs to be approved by the Senate to take effect. Kevin Warsh, with a rich resume, is 55 years old. He served as a Federal Reserve Governor from 2006 to 2011, making him the youngest Federal Reserve Governor at the time, and he is very familiar with how the Federal Reserve operates. He has worked in the mergers and acquisitions department at Morgan Stanley and is well acquainted with how financial institutions operate. He also served as a special assistant to the President for economic policy during the Bush administration, giving him a good understanding of how the government operates.

He even has a father-in-law who is the head of the cosmetics giant Estée Lauder, and the relationship between Lauder and Trump has always been good, which means Kevin is very familiar with how to navigate through Trump's backdoor. Knowing that circumstances change, Kevin is very adept at adapting to the situation. When he worked at the Federal Reserve, his stance was that things should not be chaotic, the dollar should not depreciate, dollar hegemony is very important, and interest rates should not be cut arbitrarily.

Just a few months ago, he suddenly changed direction, stating that Trump's call for interest rate cuts was correct, as high interest rates would definitely increase the debt burden. This led to Kevin truly wanting to cut interest rates, and he would find ways to reduce the Federal Reserve's balance sheet while appropriately giving up some decision-making independence to work well with Trump. Therefore, whether the Senate could vote for him was naturally questionable, and the rich-poor divide was the common ground.

CCTV News reported that Trump officially nominated Kevin Walsh as the next chairman of the Federal Reserve, but the nomination still needs to be approved by the Senate to take effect. Kevin Walsh has an extensive resume and is 55 years old. From 2006 to 2011, he served as a Federal Reserve governor, the youngest at that time, and he is very familiar with how the Federal Reserve works. He has worked in the mergers department at Morgan Stanley and is well-acquainted with how financial institutions operate. He also served as a special assistant to the president for economic policy in the George W. Bush administration, so he is quite familiar with how the government operates.

He even has a father-in-law who is the head of the cosmetics giant Estée Lauder, and the relationship between Lauder and Trump has always been good, which means Kevin is very familiar with how to navigate through Trump's backdoor. Knowing that circumstances change, Kevin is very adept at adapting to the situation. When he worked at the Federal Reserve, his stance was that things should not be chaotic, the dollar should not depreciate, dollar hegemony is very important, and interest rates should not be cut arbitrarily.

Just a few months ago, he suddenly changed direction, stating that Trump's call for interest rate cuts was correct, as high interest rates would definitely increase the debt burden. This led to Kevin truly wanting to cut interest rates, and he would find ways to reduce the Federal Reserve's balance sheet while appropriately giving up some decision-making independence to work well with Trump. Therefore, whether the Senate could vote for him was naturally questionable, and the rich-poor divide was the common ground.

CCTV News reported that Trump officially nominated Kevin Walsh as the next chairman of the Federal Reserve, but the nomination still needs to be approved by the Senate to take effect. Kevin Walsh has an extensive resume and is 55 years old. From 2006 to 2011, he served as a Federal Reserve governor, the youngest at that time, and he is very familiar with how the Federal Reserve works. He has worked in the mergers department at Morgan Stanley and is well-acquainted with how financial institutions operate. He also served as a special assistant to the president for economic policy in the George W. Bush administration, so he is quite familiar with how the government operates.

He even has a father-in-law who is the head of the cosmetics giant Estée Lauder, and the relationship between Lauder and Trump has always been good, which means Kevin is very familiar with how to navigate through Trump's backdoor. Knowing that circumstances change, Kevin is very adept at adapting to the situation. When he worked at the Federal Reserve, his stance was that things should not be chaotic, the dollar should not depreciate, dollar hegemony is very important, and interest rates should not be cut arbitrarily.

Just a few months ago, he suddenly changed direction, stating that Trump's call for interest rate cuts was correct, as high interest rates would definitely increase the debt burden. This led to Kevin truly wanting to cut interest rates, and he would find ways to reduce the Federal Reserve's balance sheet while appropriately giving up some decision-making independence to work well with Trump. Therefore, whether the Senate could vote for him was naturally questionable, and the rich-poor divide was the common ground.

CCTV News reported that Trump officially nominated Kevin Walsh as the next chairman of the Federal Reserve, but the nomination still needs to be approved by the Senate to take effect. Kevin Walsh has an extensive resume and is 55 years old. From 2006 to 2011, he served as a Federal Reserve governor, the youngest at that time, and he is very familiar with how the Federal Reserve works. He has worked in the mergers department at Morgan Stanley and is well-acquainted with how financial institutions operate. He also served as a special assistant to the president for economic policy in the George W. Bush administration, so he is quite familiar with how the government operates.

He even has a father-in-law who is the head of the cosmetics giant Estée Lauder, and the relationship between Lauder and Trump has always been good, which means Kevin is very familiar with how to navigate through Trump's backdoor. Knowing that circumstances change, Kevin is very adept at adapting to the situation. When he worked at the Federal Reserve, his stance was that things should not be chaotic, the dollar should not depreciate, dollar hegemony is very important, and interest rates should not be cut arbitrarily.

Just a few months ago, he suddenly changed direction, stating that Trump's call for interest rate cuts was correct, as high interest rates would definitely increase the debt burden. This led to Kevin truly wanting to cut interest rates, and he would find ways to reduce the Federal Reserve's balance sheet while appropriately giving up some decision-making independence to work well with Trump. Therefore, whether the Senate could vote for him was naturally questionable, and the rich-poor divide was the common ground.

CCTV News reported that Trump officially nominated Kevin Walsh as the next chairman of the Federal Reserve, but the nomination still needs to be approved by the Senate to take effect. Kevin Walsh has an extensive resume and is 55 years old. From 2006 to 2011, he served as a Federal Reserve governor, the youngest at that time, and he is very familiar with how the Federal Reserve works. He has worked in the mergers department at Morgan Stanley and is well-acquainted with how financial institutions operate. He also served as a special assistant to the president for economic policy in the George W. Bush administration, so he is quite familiar with how the government operates.

He even has a father-in-law who is the head of the cosmetics giant Estée Lauder, and the relationship between Lauder and Trump has always been good, which means Kevin is very familiar with how to navigate through Trump's backdoor. Knowing that circumstances change, Kevin is very adept at adapting to the situation. When he worked at the Federal Reserve, his stance was that things should not be chaotic, the dollar should not depreciate, dollar hegemony is very important, and interest rates should not be cut arbitrarily.

Just a few months ago, he suddenly changed direction, stating that Trump's call for interest rate cuts was correct, as high interest rates would definitely increase the debt burden. This led to Kevin truly wanting to cut interest rates, and he would find ways to reduce the Federal Reserve's balance sheet while appropriately giving up some decision-making independence to work well with Trump. Therefore, whether the Senate could vote for him was naturally questionable, and the rich-poor divide was the common ground.

CCTV News reported that Trump officially nominated Kevin Walsh as the next chairman of the Federal Reserve, but the nomination still needs to be approved by the Senate to take effect. Kevin Walsh has an extensive resume and is 55 years old. From 2006 to 2011, he served as a Federal Reserve governor, the youngest at that time, and he is very familiar with how the Federal Reserve works. He has worked in the mergers department at Morgan Stanley and is well-acquainted with how financial institutions operate. He also served as a special assistant to the president for economic policy in the George W. Bush administration, so he is quite familiar with how the government operates.

He even has a father-in-law who is the head of the cosmetics giant Estée Lauder, and the relationship between Lauder and Trump has always been good, which means Kevin is very familiar with how to navigate through Trump's backdoor. Knowing that circumstances change, Kevin is very adept at adapting to the situation. When he worked at the Federal Reserve, his stance was that things should not be chaotic, the dollar should not depreciate, dollar hegemony is very important, and interest rates should not be cut arbitrarily.

Just a few months ago, he suddenly changed direction, stating that Trump's call for interest rate cuts was correct, as high interest rates would definitely increase the debt burden. This led to Kevin truly wanting to cut interest rates, and he would find ways to reduce the Federal Reserve's balance sheet while appropriately giving up some decision-making independence to work well with Trump. Therefore, whether the Senate could vote for him was naturally questionable.