US EditionWho is Fed chair nominee Kevin Warsh?
Kevin Warsh, a former Fed governor and Hoover Institution fellow, is nominated to replace Jerome Powell amid calls for faster interest rate cuts to support economic growth.
- On Friday, U.S. President Donald Trump announced he plans to nominate Kevin Warsh as Fed chair, pending U.S. Senate approval as Jerome Powell’s term ends on May 23.
- Amid pressure on the Fed, Warsh has actively campaigned in recent months, saying the Fed `has been broken for quite a long time`.
- Warsh’s résumé shows he served on the Federal Reserve Board from 2006 to 2011 and is a Hoover Institution fellow and Stanford lecturer.
- Warsh’s policy views suggest he has become critical of the Fed and called for 'regime change,' with his AI and inflation stance potentially influencing future policy.
- Past Fed votes show that Kevin Warsh objected in 2011 to the $600 billion Treasury purchase and warned in 2008 that rate cuts could spur inflation.
73 Articles
73 Articles
US President Trump has proposed Kevin Warsh as the successor to the head of the Fed, Jerome Powell. What are his chances of being in office, what politics he stands for, and why the financial markets initially reacted more positively to personality.
What Trump's nomination of Kevin Warsh means for the Fed
President Trump announced Kevin Warsh as his pick to be the next chairman of the Federal Reserve. Warsh was an advisor to George W. Bush and served on the Federal Reserve’s Board of Governors from 2006 to 2011. If confirmed, Warsh will succeed current Chair Jerome Powell, whose term ends in May. Amna Nawaz discussed more with David Wessel.
Trump Nominates Kevin Warsh to Replace Jerome Powell as Federal Reserve Chair
Your wallet has been taking a beating for years. Every trip to the grocery store is a fresh reminder that the dollar just doesn’t go... The post Trump Nominates Kevin Warsh to Replace Jerome Powell as Federal Reserve Chair appeared first on Patriot Journal.
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