Possible Trump pick for Fed has a plan to cut interest rates, with a catch

ETResizeListen(2 min)Former Fed Gov

Kevin Warsh wants to cut interest rates and the central bank’s balance sheet

Kevin Warsh, the former Fed governor considered the most ly replacement for Jerome Powell to lead the Fed, on Monday night articulated his vision for policy. “Interest rates should be lower

The balance sheet should be smaller,” Warsh told Larry Kudlow on Fox

The Author Steve GoldsteinSteven Goldstein is based in London and responsible for MarketWatch's coverage of financial in Europe, with a particular focus on global macro and commodities

Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage

Steve on Twitter: @MKTWgoldstein

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