The dirtiest little secret inside the gilded menagerie of monetary policy is that Kevin Warsh’s supposedly radical new approach to central bank communications is far more conventional and not as new as it seems.
Kevin Warsh took the first steps this week on his quest to lead the Federal Reserve out of the dark ages.
Kevin Warsh gaveled to order his first Federal Open Market Committee meeting as Fed chairman on Tuesday. Tomorrow he’ll hold his first press conference. The most interesting thing about it may be what he doesn’t say.
The dominant view on Wall Street is that Kevin Warsh’s Fed is going to have to raise rates rather than cut them, likely as early as this year.
Kevin Warsh was sworn in as the 17th chairman of the Federal Reserve on Friday during a ceremony at the White House.
President Donald Trump attends the swearing-in ceremony of new Federal Reserve Chairman Kevin Warsh on Friday, May 22.
Rate cuts are usually defended as insurance against recession. The incoming Fed Chair Kevin Warsh can defend them as insurance for productivity.
Everyone thought Powell was out as chair. But in a late Friday move, the Fed has declared he’s sticking around.
The very economic strength that Trump has championed may force the next Fed chair to disappoint his desire for a rate cut.
The Senate Banking Committee on Wednesday approved former Fed Governor Kevin Warsh to take the reins at the central bank. The nomination was approved by the committee on a party line vote, with 13 Republicans voting to advance Warsh and
This Wednesday could be one of the most consequential days in the Federal Reserve’s recent history.
Sen. Thom Tillis said Sunday he would end his weeks-long blockade of the nomination.
Sunday on NBC’s “Meet the Press,” Sen. Thom Tillis (R-NC) said that he was “prepared to move on with the confirmation” of President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, now that the Trump administration has ended its criminal probe into current Fed Chairman Jerome Powell.
The Senate Banking Committee next week will vote to advance Kevin Warsh, President Donald Trump’s nominee to become Federal Reserve chairman.
We still do not definitively know when Kevin Warsh’s nomination will move forward, but a floor vote in the Senate prior to May 15—when the current Fed chair’s term expires—is no longer out of the question.
The federal prosecutor running the investigation into cost overruns for a long-running renovation of the Federal Reserve’s headquarters says the inquiry will continue.
Tuesday on CNBC’s “Squawk Box,” President Donald Trump said his pick for Federal Reserve Chairman Kevin Warsh would do a “great job” which should include the U.S. having the lowest interest rate in the world.
Former Fed governor pledges to keep monetary policy ‘strictly independent’ while pursuing reforms.
Powell’s term ends May 15. But he and NY Fed honcho John Williams are scheming to keep him in place if Kevin Warsh’s confirmation is delayed.
A federal judge has quashed two Justice Department subpoenas targeting the Federal Reserve, the Wall Street Journal reported Friday, delivering a significant legal victory to the central bank and a serious setback to the criminal probe that U.S. Attorney Jeanine Pirro had opened into Fed Chair Jerome Powell.
In the Fed’s modern history, the FOMC has always chosen the sitting Board chairman to be its chairman as well. Politics, however, has a habit of stress-testing assumptions.
Warsh’s most fundamental critique of the Federal Reserve targets the Fed’s devotion to economic models that consistently fail to predict reality.
The most consequential feature of Kevin Warsh’s view of the Federal Reserve is his focus on balance sheet reduction.
The nomination of Kevin Warsh to chair the Federal Reserve has prompted concerns from friends and foes of President Trump’s economic agenda.
This week culminated in the nomination of a former Bush White House economic official to succeed Jerome Powell as Fed chair.
Trump taps Former Fed Governor to Succeed Current Chair in May
