Kevin Warsh Is 1 Step Closer To Top Job At Fed
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Powell will still be around to be Trump’s punching bag and take at least some of the flak for Warsh.
President Donald Trump’s nominee, Kevin Warsh. On April 29, the Senate Committee on Banking, Housing and Urban Affairs passed a vote to advance Warsh’s nomination as Fed chair, and a full Senate vote will soon follow.
Incoming Federal Reserve Chair Kevin Warsh said during his confirmation hearing that he wants “messier” interest-rate-setting meetings, where a “good family fight” can lead to better economic decisions.
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Kevin Warsh's nomination as Fed Chair impacts Bitcoin outlook. Bitcoin reaching $200K by December 31, 2026 at 4.7% YES.
Jerome Powell said he would remain on the Fed’s board after Kevin Warsh becomes chair for a yet-to-be-determined interval amid concerns that legal attacks “are battering the institution.”