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On Friday, U.S. President Donald Trump nominated Kevin Warsh, an academic economist, investor, and former governor of the U.S. Federal Reserve, to be the next chairman of the world’s most important central bank. The term of current chairman Jerome Powell, who has been under fire from Trump for years for his refusal to slash interest rates, will expire in May.

“I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. On top of everything else, he is ‘central casting,’ and he will never let you down,” Trump posted on social media. (Warsh is the son-in-law of cosmetics billionaire Ronald Lauder, who helped plant the idea of annexing Greenland in Trump’s mind.)

On Friday, U.S. President Donald Trump nominated Kevin Warsh, an academic economist, investor, and former governor of the U.S. Federal Reserve, to be the next chairman of the world’s most important central bank. The term of current chairman Jerome Powell, who has been under fire from Trump for years for his refusal to slash interest rates, will expire in May.

“I........

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