Warsh sidesteps questions over Trump’s influence on Fed rate policy
Nominee to head US central bank grilled by senators over president’s public calls for cuts
Warsh sidesteps questions over Trump’s influence on Fed rate policy
Nominee to head US central bank grilled by senators over president’s public calls for cuts Grouped from 4 articles across 3 sources.
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Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates
Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liability On the face of it, Kevin Warsh looks like an ideal candidate to chair the Federal Reserve, the world’s most important central bank. The 56-year-old Ivy League economist, former Wall Street banker and presidential adviser ticks all the boxes. Unfortunately for Warsh, as he faces what could be a fraught nomination hearing, his biggest backer is also his biggest liability. In his second term, Donald Trump has attacked the Fed in a manner both unprecedented and unseemly. He has called current chair Jerome Powell – whom he also appointed – a “jerk” , “a stubborn MORON” , and repeatedly threatened to fire him . Continue reading...
Trump Fed chair pick Kevin Warsh to vow interest rate independence at key hearing
The hearing is a key hurdle he needs to overcome in order to succeed Fed Chair Jerome Powell.
Kevin Warsh to say Fed independence not threatened by political pressure
Donald Trump’s pick for chair will tell powerful Senate committee that central bank must ‘stay in its lane’
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