N-P-R.
This is the Indicator from Planet Money.
I'm Darian Woods.
And I'm Waylon Wong.
On Friday,
we heard the long anticipated conclusion to what has been like the economics equivalent of the bachelor.
President Trump finally picked who he wanted to lead the U.S.
Central Bank, the Federal Reserve.
Yes, President Trump said he would nominate Kevin Warsh to lead the Fed.
Kevin Warsh started his career at Morgan Stanley.
Later, he was a governor at the Fed during the Great Recession.
And if confirmed by the Senate,
he'll start after the current Fed chair Jerome Powell's term expires in May.
Kevin Warsh would lead the Fed at a tempestuous time.
The central bank's independence is under attack by the president.
Yeah, Trump routinely bashing the outgoing Fed chair publicly was only the start.
He also tried to fire Fed Governor Lisa Cook, accusing her of mortgage fraud.
She denies this and has brought a case to the Supreme Court.
We've also had the Department of Justice subpoena the Fed over building renovation costs.
And that's not even taking into account what's happening in the actual economy.