As Kevin Warsh prepares to take the reins at the Federal Reserve, a newly elevated Trump ally at the central bank is signaling how he believes the job should be done — and how the next chair should navigate a pivotal moment for monetary policy.Speaking at the Dallas Federal Reserve, Governor Stephen Miran offered simple advice for Kevin Warsh, Trump’s nominee to replace Federal Reserve Chair Jerome Powell."Be forward-looking, not backward-looking," Miran said. "If you’re going to be excessively backward-looking, you’re guaranteed to be behind the curve," he added.TRUMP NOMINATES KEVIN WARSH TO...
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