WSJ editors warn Trump's 'fishing expedition' against the Fed will backfire on his nominee
President Donald Trump made a solid and noncontroversial pick to lead the Federal Reserve, argued the Wall Street Journal editorial board on Tuesday — but he's throwing that candidate to the wolves with his crusade against central bank independence.
Trump nominated Kevin Warsh, a former Fed governor and economist at the conservative Hoover Institution, in a move that assuaged some market observers as he is a credible policymaker with a long resume. However, he and Attorney General Pam Bondi...