Trump nominates Kevin Warsh for Fed chair
Digest more
Warsh has recently advocated for lower rates, but a smaller Fed balance sheet.
Kevin Warsh’s long-held desire to slash the Federal Reserve’s balance sheet is likely to clash with Donald Trump’s relentless calls for the central bank to depress long-term borrowing costs, big fund managers have said.
Kevin Warsh really is the top man for the job at the Federal Reserve. President Trump has made a superb decision. The brilliant and popular Kevin Hassett will remain as the director of the National Economic Council.