Wall Street's foundational financial institution is rife with red flags, and the stock market could pay the price.
The president is turning to a former Fed official as his nominee to replace outgoing Chair Jerome Powell.
President Donald Trump has selected Kevin Warsh as his choice for the next Federal Reserve chair. Here’s what to know.
Kevin Warsh, a former Fed governor, has emerged as Donald Trump’s pick to lead the Federal Reserve. Here’s his background, ...
President Trump named Kevin Warsh to succeed Jerome Powell as Fed chair, ending an odyssey that has seen unprecedented turmoil around the central bank.
The announcement caps an extensive search that started in September and was spearheaded by Treasury Secretary Scott Bessent, who presented final candidates to the president.
Utah banker Marriner Eccles is widely credited with establishing the modern-day version of the U.S. central bank. A BYU ...
What would Mr Warsh’s Fed look like? Quantitative easing ( QE) is out the window. Mr Warsh has never wavered in his hatred of the vast balance-sheet that the Fed accumulated through bond-buying.
Warsh is seen as a comparatively moderate figure and notably more cautious about deploying heavy monetary stimulus despite his preference for lower rates.
Trump plans to nominate Kevin Warsh to be the next chair of the Federal Reserve, when Jerome Powell's term expires in May.
David Wessel of Brookings tells NPR's Steve Inskeep that Warsh has been critical of the Fed in recent years and is promising a shakeup.
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