The Fed enters a new epoch
Chair Kevin Warsh takes his first steps to transform the US central bank
Kevin Warsh took over as chair of the board of governors of the Federal Reserve System on May 22, following a protracted and highly public nomination and confirmation process.
Last September, the US administration had shortlisted several candidates to take over from Jerome Powell – the chair chosen when Donald Trump served his first term as president but who subsequently drew Tump’s ire for not cutting US interest rates to the extent of his liking – with Warsh emerging as the administration’s
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