Warsh named Fed chair as rate-cut timing becomes political battleground

1 min read
Source: The Washington Post
Warsh named Fed chair as rate-cut timing becomes political battleground
Photo: The Washington Post
TL;DR

The Senate confirmed Kevin Warsh as Fed chair in a 54-45 vote, delivering a win for Trump even as allies warn that rate cuts may have to wait amid stubborn inflation, while Warsh pledges to remake the central bank.

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