Zag a interesting take from Stan Druckenmiller, the hedge fund billionaire, about the possible next Fed Chair. According to him, Warsh is actually closely connected to what is needed for the job – basically no one better equipped at this moment.

The funny thing is that this kind of statement from someone like Druckenmiller carries quite a lot of weight in certain circles. You see that the discussion around Fed leadership always aligns quite closely with what the major players in finance think.

The whole context behind this is, of course, interesting – who will be at the helm of the Fed has huge influence on policy, interest rates, everything really. So that such names give their opinions, that’s not random.

Anyway, an interesting observation from him. Warsh apparently is really in good shape for this kind of role, according to Druckenmiller. We’ll see how it develops further.