Trump, Powell and Fed
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Former Fed Gov. Kevin Warsh, considered to be a top contender to succeed Fed Chair Jerome Powell, said the central bank needs "regime change." "I think what we need is regime change at the Fed," Warsh told Fox's Maria Bartiromo in an interview that aired on Sunday.
U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said on Sunday, adding that the Fed "has a lot to answer for" on renovation cost overruns at its Washington headquarters.
Two Republicans named Kevin—Kevin Hassett, one of President Trump’s closest economic advisers and Kevin Warsh, a former Federal Reserve governor—are vying to be the next leader of the central bank. Th
Theres a great story on the front page of the Wall Street Journal today, called Two Kevins Battle to Be Next Fed Chair in Trumps
President Donald Trump has unleashed on Federal Reserve Chair Jerome Powell as an Apprentice-style showdown for a replacement is unfolding in the background. “ANYBODY BUT ‘TOO LATE,’” Trump wrote in a post Wednesday morning,
One is rising to the top of the list of potential candidates, while the other is facing skepticism from President Trump’s allies.Kevin Hassett, one of Trump’s closest economic advisers, is emerging as a serious contender to be the next Fed chair,
Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday night articulated his vision for policy.
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.
The National Economic Council director is in the running to succeed Jerome Powell as the Federal Reserve chair. That poses a possible threat to Kevin Warsh, an early favorite for the role. Get the ful
Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell step down from the central bank's Board of Governors after his term as chair ends next May.