Fed leadership on the line as Powell's term ends
TL;DR
As Powell’s term as Fed chair expires on May 15, the Trump administration appears poised to challenge his plan to stay on as acting chair if Senate Republicans do not confirm Kevin Warsh, setting up a confrontation over who leads the Fed and potentially shaping its policy path depending on Warsh’s fate.
Topics:businesseconomy#central-bank-interest-rates#donald-trump#economy#federal-reserve-system#government-appointments-and-nominations#jerome-powell
- Who’s in charge at the Fed after May 15? A new fight may be brewing. The Washington Post
- Fed nominee Warsh filings detail vast wealth, far exceeding past chairs CNBC
- Warsh’s Fed chair nomination hearing expected next Tuesday Politico
- Fed nominee Kevin Warsh discloses assets worth over $100 million NBC News
- Fed nominee Warsh files financial disclosures suggesting assets worth over $100 million Reuters
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