Fed chair contender is now in favor of cutting rates, just
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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 Maria Bartiromo in an interview on Fox's Sunday Morning Futures that aired on Sunday.
Kevin Hassett (left) and Kevin Warsh have emerged as favourites to become the next Federal Reserve chairman. Donald Trump’s hunt for the next chair of the Federal Reserve is bec
Kevin Hassett, Trump’s longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, a position with significant influence over interest rates and the U.S. econ
National Economic Council director is one of the US President's longest-serving economic aides. Read more at straitstimes.com. Read more at straitstimes.com.
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
Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the Federal Reserve are keeping it from doing so.
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Amazon S3 on MSNFed Launches Internal Review Of $2.5B Renovation As Trump Officials Slam Oversight, SpendingThe Federal Reserve has requested that its inspector general review a $2.5 billion headquarters expansion project following sharp criticism from the Trump administration. According to CNBC, Fed Chair Jerome Powell requested the review amid accusations of “fiscal mismanagement” and cost overruns tied to renovations.
In an FAQ document, the central bank appears to emphasize it’s responding to senators’ concerns, not the OMB chief’s, and that it has cooperated with a capital planning panel.
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 Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with the process.
Kevin Hassett, Trump’s adviser and current director of the National Economic Council, gave an interview with CNBC on Sunday in which he said firing Powell was “being looked into” and praised the US president as “one of the most successful, if not the most successful businessmen in the 20th century”.