Trump, Powell and Fed
Digest more
Theres a great story on the front page of the Wall Street Journal today, called Two Kevins Battle to Be Next Fed Chair in Trumps
Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday night articulated his vision for policy.
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.
Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell step down from the central bank's Board of Governors after his term as chair ends next May.
Kevin Hassett, chair of the National Economic Council, has emerged as a serious contender to succeed Jerome Powell as Federal Reserve chair and appears to have an edge on Kevin Warsh, a former Federal Reserve Governor,
Warsh is a visiting fellow at the Hoover Institution and on the short list of candidates to be the next chairman of the Federal Reserve.