Trump-backed Warsh poised to lead a divided Fed
TL;DR Summary
The U.S. Senate is set to confirm Kevin Warsh as Federal Reserve chair, replacing Jerome Powell, as President Trump pressures the central bank to cut rates despite stubborn inflation; Warsh, formerly hawkish, has signaled support for looser policy, signaling a potential regime change at the Fed amid political pressure.
- Warsh set to take over a divided Fed facing Trump assaults Forex Factory
- Opinion | Kevin Warsh Is Already Getting It Wrong The New York Times
- Congress helped Powell survive Trump. For Kevin Warsh, it could be different. Politico
- Senate confirms Kevin Warsh as Fed governor, clears way for chair vote CNBC
- Jerome Powell’s Inflation Legacy for Kevin Warsh WSJ
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