REGIME CHANGE: Trump Puts the Fed & British Empire on Notice

Susan Kokinda on Kevin Warsh's "regime change" testimony at the Fed, Trump's Defense Production Act assault on the British free-trade system, and the empire's panic as Chatham House holds its inquest into the Not-So-Special Relationship.

Susan Kokinda

Susan Kokinda argues that Kevin Warsh's Senate Banking Committee testimony—calling for "regime change" at the Federal Reserve and blaming inflation on excessive money creation—signals a broader shift aligned with the Trump administration against the British-led free-trade order. She highlights Warsh's criticism of post-2008 quantitative easing as benefiting financial asset holders, ties it to Treasury Secretary Scott Bessent's focus on raising living standards, and points to Trump's April 20 Defense Production Act action citing market failures in energy infrastructure, including transformer shortages, as national-security threats. She contrasts Trump's American System offensive with Mark Carney's globalist posture and his War of 1812 reference, and with Chatham House's panicked inquest into the "Not-So-Special Relationship."

00:00 The Midweek Update - REGIME CHANGE: Trump Puts the Fed & British Empire on Notice - April 22, 2026
01:51 "Regime Change" — Warsh Says the Quiet Part Out Loud
05:40 The Real Regime Change — Burying British Free Trade
09:44 The Empire Holds Its Inquest