Kevin Warsh is a great pick — an inflation hawk who speaks Trump

President Donald Trump made a terrific choice in tapping Kevin Warsh as the next Federal Reserve Board chief.

No one can deny his qualifications: A Stanford University professor and former Fed governor, Warsh plainly knows the ropes and brings deep expertise and experience to the job.

Crucially, he’ll work well with Trump and his critics: An inflation hawk, Warsh can be counted on to resist monetary moves that risk triggering inflation, but unlike exiting chief Jerome Powell he’s not wedded to Fed models that treat economic growth as inflationary, among other errors.

On the Fed board from 2006 to 2011, Warsh pushed back on calls to lower interest rates during and after the Great Recession, warning repeatedly of inflationary risks.

In 2021, he rightly predicted the Fed’s monstrous purchases of Treasury bonds and mortgage-backed securities would fuel soaring price hikes.

He’s a good bet to overhaul central-bank policies, trimming assets by unwinding past “quantitative easing” excesses.

And though Warsh has more recently backed lower interest rates — in line with Trump — he is acutely aware of what drives up prices: “Inflation is caused when government spends too much and prints too much,” he wrote in a Wall Street Journal column blasting the Fed’s current leadership and praising Trump’s “pro-growth policies.”

Key point: Warsh won’t go for policies he finds harmful to please Trump.

He’s warned against “any attempt to influence inappropriately the conduct of Fed policy,” adding that “the only popularity central bankers should seek, if at all, is in the history books.”

At the same time, he (rightly) sees no reason to shield central bankers from accountability for policy missteps, arguing they shouldn’t be treated like “pampered princes.”

Trump’s pick has already won wide praise for “judicious temperament” and “intellectual understanding.”

Even Canada’s Prime Minister Mark Carney — who headed two major central banks and is not exactly Trump’s biggest fan — called the choice “fantastic.”

Trump knows the stakes are high, especially with midterms approaching. The economy is, as usual, a top concern for Americans.

Tapping Warsh to serve in this critical economic role seems a sure win for Trump’s agenda — and for the country.