5 big obstacles Kevin Warsh faces as Federal Reserve chair
Warsh is set to be sworn in by President Trump on Friday as the next chair of the Fed board, taking over the central bank at a pivotal time for the U.S. economy. After years raging against outgoing Fed Chair Jerome Powell, Trump made clear before Warsh’s nomination that he would only consider candidates he could trust to cut interest rates. Spiking inflation and divides among Fed officials, however, could make it impossible for Warsh to appease the president while fulfilling his duties as Fed chair.
- ▪Warsh is set to be sworn in by President Trump on Friday as the next chair of the Fed board, taking over the central bank at a pivotal time for the U.S. economy.
- ▪After years raging against outgoing Fed Chair Jerome Powell, Trump made clear before Warsh’s nomination that he would only consider candidates he could trust to cut interest rates.
- ▪Spiking inflation and divides among Fed officials, however, could make it impossible for Warsh to appease the president while fulfilling his duties as Fed chair.
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News 5 big obstacles Kevin Warsh faces as Federal Reserve chair Comments: by Sylvan Lane - 05/21/26 6:00 AM ET Comments: Link copied by Sylvan Lane - 05/21/26 6:00 AM ET Comments: Link copied NOW PLAYING Kevin Warsh will face a political and economic obstacle course upon taking the helm of the Federal Reserve later this week. Warsh is set to be sworn in by President Trump on Friday as the next chair of the Fed board, taking over the central bank at a pivotal time for the U.S. economy. After years raging against outgoing Fed Chair Jerome Powell, Trump made clear before Warsh’s nomination that he would only consider candidates he could trust to cut interest rates.
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