Fed, Warsh and President Trump
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A key GOP senator is vowing to oppose Warsh's nomination until the DOJ probe into Fed Chair Jerome Powell is resolved. Here's why that's a big deal.
Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
Warsh has recently advocated for lower rates, but a smaller Fed balance sheet.
Kevin Warsh’s long-held desire to slash the Federal Reserve’s balance sheet is likely to clash with Donald Trump’s relentless calls for the central bank to depress long-term borrowing costs, big fund managers have said.
16hon MSN
Unsure if Kevin Warsh will be as dovish as Trump wants in 2027: Morgan Stanley's Andrew Slimmon
Andrew Slimmon, Morgan Stanley senior portfolio management, joins 'The Exchange' to discuss Trump's nomination to head the Federal Reserve, Kevin Warsh.