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Can Markets Restrain Trump?
Kevin Warsh, a former Fed governor and economic adviser, was nominated by Trump amid mixed market reactions and ongoing DOJ inquiry into outgoing Chair Jerome Powell.
Summary by The Dispatch
2 Articles
2 Articles
Warsh Case Scenario: A Bad Heir Day For The Federal Reserve System
So Kevin Warsh will be the next Fed chair. The silver lining to his appointment is that he shouldn’t be able to do much damage, although with one big caveat (see below). The Fed is a republic, not a dictatorship; key decisions are made by a committee in which the chairperson has only one vote. Fed chairs can only drive policy through persuasion — and Warsh lacks the intellectual and moral credibility to be effective on that score. But God help u…
Coverage Details
Total News Sources2
Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
Factuality
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