Sen. Bill Hagerty: Kevin Warsh is 'the right man for the right moment' to lead the Fed

Summary

Sen. Bill Hagerty joins Squawk Box to discuss President Trump's Fed chair nominee Kevin Warsh, calling him the right choice to depoliticize the Fed and return it to data-dependence. Hagerty also addresses Sen. Thom Tillis's threat to block nominations, the partial government shutdown, and U.S. pressure on Iran. The interview is largely political and policy-focused, with no explicit investment recommendations.

• Hagerty praises Kevin Warsh as the right Fed chair nominee for the moment.
• He says Warsh would return the Fed to data-dependence and away from politics.
• Sen. Thom Tillis is threatening to block nominations amid the Powell investigation.
• Hagerty expects the government shutdown to be very temporary.
• He says 11 of 12 spending bills have moved on a bipartisan basis, with DHS outstanding.
• On Iran, Hagerty supports maximum pressure and notes U.S. military buildup.
• No specific stocks, bonds, commodities, or other investable expressions were named as trades.