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How the Fed Chair Succession Saga Could Become a Real Mess

Summary by KIFI

By Bryan Mena, Way Mullery, CNN Washington (CNN) — The process to install Kevin Warsh, President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell, isn’t going smoothly, and it could get even more complicated. After a monthslong search process, Trump finally announced his nomination on January 30. Nearly three months later, there still isn’t a certain path for Warsh’s confirmation to the role. For Warsh to become Fed chair, h…

8 Articles

www.t-online.de

Lean Left

Possible Dismissal of Fed Boss: Why Trump Has Maneuvered Into a Dead End

In a dispute with the head of the US Federal Reserve, Donald Trump now threatens to release Jerome Powell. However, throwing out could be difficult.

2 hours ago

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CNN

+5 Reposted by 5 other sources

Lean Left

How the Fed chair succession saga could become a real mess

The process to install Kevin Warsh, President Donald Trump’s nominee to succeed Federal Reserve Chair Jerome Powell, isn’t going smoothly, and it could get even more complicated.

5 hours ago·Atlanta, United States

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foreignpolicyjournal.com

Left

Donald Trump Threatens to Fire Jerome Powell if the Fed Chair Stays On as Governor

President Trump escalated his conflict with Federal Reserve Chair Jerome Powell this week, telling Fox Business host Maria Bartiromo that he would move to fire Powell if the outgoing central bank chief follows through on his pledge to remain as a Fed governor after his chairmanship expires on May 15. “Then I’ll have to fire […] The post Donald Trump Threatens to Fire Jerome Powell if the Fed Chair Stays On as Governor appeared first on Foreign P…

24 hours ago

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