#CNBC The challenges ahead for Federal Reserve chair nominee Kevin Warsh

The challenges ahead for Federal Reserve chair nominee Kevin Warsh
Oil prices are surging. Inflation forecasts are rising. Futures markets increasingly raise the chances of a rate hike from the Federal Reserve.

And then there’s Kevin Warsh and his stated desire — and edict from President Donald Trump — to cut interest rates.

Even before a hearing is scheduled on his nomination as the next Fed chair, Warsh’s ambitious agenda for “regime change” at the Fed faces challenges.

CNBC’s Steve Liesman explains.

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