Senate poised to confirm Warsh as Fed chair amid Trump pressure

1 min read
Source: The Guardian
Senate poised to confirm Warsh as Fed chair amid Trump pressure
Photo: The Guardian
TL;DR

The Senate is expected to confirm Kevin Warsh as Federal Reserve chair, a move that aligns with Trump’s push to influence monetary policy; Warsh, once a hawk on inflation, has aligned with calls to cut rates, and Democrats warn that the Fed’s independence could be eroded as confirmation proceeds amid ongoing scrutiny of White House interference.

Share this article

Want the full story? Read the original reporting

Read on The Guardian