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Indeed.com slash SPANUK. Terms and conditions apply. PAL's reign at the Fed has been an unmitigated

disaster. It's important for folks to know that the Fed under Powell created a novel monetary framework in 2020 that is proving

very difficult to manage and maintain, is imposing significant cost to the American taxpayer

while giving free money to banks on Wall Street, and could even make it highly problematic

for the Fed to conduct regular monetary policy again in the future. Again, Powell's failings could fill volumes, but at least he's gone in May.

Let's look at his replacement.

It's the inflation hawk, Kevin is E.J. Antony for The Daily Signal. I'd like to talk today about the Federal Reserve, including the current chairman, Jerome Powell, and Trump's recently announced replacement for him, Kevin Warsh.

Much of the drama around the Fed lately has

been just that drama. I think that's unfortunate, though, because there are some serious issues

here that have had a significant and negative impact on the American people. As chairman,

Powell helped cause the worst inflation in 40 years, gave us record

high interest rates on credit cards, a frozen housing market, a regional banking crisis in the

spring of 2023, and more economic ills that we don't have time to discuss in one of these

videos. In short, though, Powell's reign at the Fed has been an

unmitigated disaster. Without going too far into the weeds of monetary policy, it's important

for folks to know that the Fed under Powell created a novel monetary framework in 2020 that is

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