Krugman Says Potential Fed Chair Warsh Is ‘Wrong About Everything’
Krugman: Warsh Is Wrong a Lot But May Get Fed Job
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Nobel Prize-winning economist Paul Krugman didn’t mince words when asked about former Federal Reserve Governor Kevin Warsh’s candidacy to run the institution: “He’s been wrong about everything,” from inflation to fiscal policy, Krugman told Bloomberg Television in an interview Tuesday.
But that may not stop President Donald Trump from nominating Warsh, 47, for Fed chair, because he has solid family connections and a Republican pedigree, according to Krugman, a consistent critic of the GOP. Warsh is married to Jane Lauder, daughter of Trump friend Ronald Lauder.