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Don’t Leave It to the Experts After many months of publicly disparaging U.S. Federal Reserve chair Jerome Powell as a “jerk,” a “numbskull,” and both an “average mentally person” and “a very stupid person,” President Donald Trump formally announced in late January that he was taking the completely expected step of declining to reappoint Powell for another four-year term as head of the nation’s central bank. In his place, Trump has selected attorney and financier Kevin Warsh, a former member o...