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The $130M Fed nominee exposes both parties' independence hypocrisy

Why this story

Fundamental challenge to Fed independence building toward constitutional crisis - different from our inflation/gas price coverage.

BULL CASE

Warsh's $130M fortune shields him from political pressure better than any poor academic could be.

BEAR CASE

$10M in hedge fund fees creates conflicts that dwarf any presidential tweet's influence.

GLOBAL MARKETS

Markets fear Fed capture by financial elites more than presidential interference.

Hidden Truth
Hidden truth: Both parties condemn Fed politicization while systematically installing nominees whose wealth creates deeper conflicts than any presidential tweet.
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Should Federal Reserve chairs be required to place all assets in blind trusts?