What Will Warsh Mean For the Fed?
4 Articles
4 Articles
Trump's new Fed chair could send him into a rage
One point of contention between President Donald Trump and Federal Reserve Chairman Jerome Powell was Powell's refusal to follow Trump's demands to lower interest rates. Now, Trump's replacement will be forced to tell him he will likely follow the same path. The Economist reported on Tuesday that unlucky chairman Kevin Warsh "has seen his case for lower interest rates disintegrate." The report called it "ironic" that Warsh's life is going to be …
Warsh Nomination Raises Questions About Fed Independence, DBS Warns
BitcoinWorld Warsh Nomination Raises Questions About Fed Independence, DBS Warns Singapore-based DBS Group Research has issued a note raising concerns about the potential nomination of Kevin Warsh as the next chair of the Federal Reserve, suggesting his appointment could test the central bank’s long-standing tradition of political independence. The analysis, published this week, arrives as speculation mounts that President-elect Donald Trump ma…
The arrival of Kevin Warsh to the presidency of the Federal Reserve (Fed), the central bank of the United States, added a new element to the analysis of the cryptocurrency market. For the first time, the institution will be commanded by an economist who has already publicly shown sympathy with Bitcoin and has investments linked to the sector. At the same time, Warsh is known for defending a more rigid monetary policy, a combination that put his …
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