Powell’s Fed exit sparks uncertainty over next central bank chief

1 min read
Source: Axios
Powell’s Fed exit sparks uncertainty over next central bank chief
Photo: Axios
TL;DR

Powell’s term as Fed chair ends in mid‑May, but the path to selecting his successor—Kevin Warsh—remains murky amid a DOJ subpoena fight, a judge’s ruling that complicates the case, and political opposition in the Senate, leaving multiple scenarios as inflation and energy costs stay elevated.

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