00:00I'm curious how confident you are that, you know, as a Fed chair, Warsh will be the dove that it seems that President Trump wants.
00:07Look, I think Neil is fantastic. I'm a huge I'm a huge Neil fan.
00:12But I think that Chairman Designate Warsh has a long and illustrious career in history as a very insightful thinker on monetary policy.
00:20I think he's a fantastic pick for the from the president. I think he's got enormous credibility.
00:24I think he's got enormous gravitas. I think he's got enormous enormous respect from financial markets, from economists, from everyone.
00:31I think he's going to do just a knockout job. What specific policies he supports or he's going to support going forward.
00:38You know, I can't answer that. I'm not him. You've got to ask him those questions.
00:42Well, I would love to. So fingers crossed there. But as a Fed governor, I mean, as you know, well, the job of the Fed chair is not just their opinions on where policy should go,
00:51but it's building consensus, you know, in the room itself. And so with the current makeup of the FOMC, I mean, you think about some of the views on interest rates, on the balance sheet.
01:02Do you think that Warsh will be able to basically build that consensus with that makeup?
01:07I do. I do. And the reason is that he's been there before. He knows how the place operates.
01:12He knows a lot of the a lot of the key figures involved. And he's got the respect and the credibility that you need to do that.
01:17And I think that people want people want him to succeed. I think people want the Fed to sort of have a good role in the economy, a good role in the country.
01:26And I think that they'll want him to succeed. And I think that he will be able to marshal the arguments and the evidence that he needs to persuade people of his of his policy views.
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