Powell in the crosswinds: inflation, markets, and politics collide at the Fed
TL;DR Summary
With inflation rising and geopolitical shocks like Iran’s conflict roiling markets, Fed chair Jerome Powell faces mounting political pressure from Donald Trump and scrutiny from a DoJ probe into the Fed HQ renovation, placing the Fed’s leadership and policy under intense strain.
- America’s next Fed chair is caught in a vice The Economist
- Kevin Warsh’s confirmation as Donald Trump’s next Fed chair risks delay Financial Times
- Kevin Warsh Fed chair confirmation plan hits snag as nomination hearing is delayed CNBC
- White House confident Warsh will start as Fed chair in May The Hill
- What to Expect From Kevin Warsh at the Federal Reserve Bloomberg.com
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