President Trump’s pick to lead the Federal Reserve could faces a tough road to confirmation if he seeks quick interest rate cuts. The war in Iran doesn’t help.
Category: Warsh, Kevin M
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Fed Officials Signaled No Rush to Restart Rate Cuts, With Some Raising Possibility of Hikes, Minutes Show
Barring a rapid deterioration in the labor market or a significant cooling of inflation, the Federal Reserve appears poised for an extended hold.
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Bessent Pushes Senate on Fed Confirmation Amid Backlash Over Criminal Inquiry
President Trump’s effort to get Kevin M. Warsh confirmed as the next Federal Reserve chair has been complicated by a criminal investigation into Jerome H. Powell.