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Kevin Warsh, President Trump’s pick to lead the Fed, is expected to face a heated grilling over his commitment to independence and whether he plans to slash interest rates during Tuesday’s Senate Banking Committee confirmation hearing. The former Fed governor – a longtime inflation hawk who has pivoted to support the Trump administration’s call for […]
Kevin Warsh would like to start as Fed chairman yesterday, but his nomination as the head of the central bank remains in limbo. The longer it does, the more the country’s economy is at risk. With all that’s going on in the world, oil prices rising and inflation looming, it’s easy to forget that Warsh […]
Kevin Warsh may be gearing up for the toughest job in the US government as new chairman of the Federal Reserve: He needs to stay true to his rep as a hawk on inflation — while at the same time playing nice with the guy who just nominated him. The latter happens to be President […]
Gold and silver prices plummeted early Friday morning following news that President Trump planned to nominate Kevin Warsh as the next chair of the Federal Reserve. Investors started selling off precious metals with gold falling by as much as 10%, dropping from $5,500 an ounce to around $5,136 per ounce. Meanwhile, silver nosedived by up […]
Former Federal Reserve Governor Kevin Warsh soared ahead of National Economic Council Director Kevin Hassett on prediction markets betting on the next Fed chair after President Trump on Friday hinted that Hassett might be out of the running. Trump did not reveal his final choice to replace Fed Chairman Jerome Powell, but said he would […]
