Kevin Warsh’s approval as the new Fed chair faces delays amid increasing concerns over the Iran conflict: sources
Kevin Warsh’s Nomination Uncertain Amidst Capitol Discussions Kevin Warsh, who has been nominated by President Trump to take over from Jerome Powell as chairman of the Federal Reserve, is currently making rounds on Capitol Hill, trying to gain support from Republican senators and possibly a couple of Democrats essential for his confirmation. However, his nomination […]
Kevin Warsh’s Battle Against Fed Consensus Thinking
Warsh War III: Fighting Groupthink This is the last part of a three-part series discussing Kevin Warsh’s nomination to lead the Federal Reserve. You can find the first and second parts linked here. In March 2016, Kevin Warsh addressed the National Association for Business Economics, delivering some pointed criticisms about the Federal Reserve. In his […]
Pound Sterling remains stable around 1.3700 as markets evaluate Warsh’s perspective on the Federal Reserve
GBP/USD Trading and Market Reactions The GBP/USD pair was hovering around 1.3695 during the early hours of Asian trading on Monday. Traders are contemplating the implications of Kevin Warsh potentially leading the Federal Reserve. Also, later on Monday, the US ISM Manufacturing Purchasing Managers Index (PMI) report is scheduled for release. President Donald Trump has […]
Kevin Warsh’s nomination ignites a debate about the Federal Reserve’s independence as Powell’s departure approaches
Trump Nominates Kevin Warsh as Federal Reserve Chairman On Friday, Republicans expressed their support for President Trump’s nominee for the Federal Reserve chairman position, Kevin Warsh. This comes as Democrats raised concerns regarding Trump’s readiness to exert control over his successor, the current chairman Jerome Powell, with whom he has had differing views on economic […]