The most popular candidate for Federal Reserve chairman criticized the central bank for being too big and too political, and supported Trump's pressure on it.

Wisdom Financial APP learned that Kevin Warsh, former Federal Reserve Board Governor who is considered as President Trump's top choice to possibly replace current Fed Chairman Powell, openly stated at the "Reagan National Economic Forum" in Westlake Village, California on Friday that the Federal Reserve is too large, overly involved in the market, and lacks political immunity. He supports Trump's criticism of the Fed and emphasizes that central banks should not be "spoiled princes".