Trump told the WSJ that he is leaning toward Warsh as the next Fed chair. Prediction markets have responded but don't fully believe it. Call it a tossup.

As per usual when Trump speaks on the economy, there's no shortage of crazy pants quotes.

My favorite part is that the President has said a threshold for being appointed Fed Chair is a willingness to cut rates, and now suddenly everyone he talks to says the Fed should cut rates. He interprets this as confirming the wisdom of his policy judgments.