|
The nomination of Kevin Warsh "avoids a lot of the worst-case scenarios, but it's still unclear what impact he will have on rates," one strategist said.
|
|
Kevin M. Warsh, whom Mr. Trump tapped to become the next chair of the Federal Reserve, could face fierce resistance if he tries to pursue substantially lower borrowing costs.
|
|
Bitcoin is sinking closer to its April tariff lows. A boost from easing monetary policy might help, but investors are cautious right now.
|
RELATED ARTICLES | | |
|
Stocks fall as investors weigh latest earnings, Warsh Fed chair pick; S&P 500 on pace for January gain: Live updates CNBCTrump names Kevin Warsh as his pick to replace Jerome Powell at the Federal Reserve CNNWarsh's Challenge: Navigating Fed Independence and Trump's Demands U.S. News & World ReportSen. Tillis will oppose Trump Fed chair pick Warsh until Powell probe resolved CNBC
|
|
Warsh would replace current chair Jerome Powell when his term expires in May.
|
RELATED ARTICLES | | | | |
|
A selloff is underway for gold, silver and copper on Friday, as the dollar rises on expectations that Kevin Warsh will be the next Federal Reserve chair.
|
|
Warsh, is a Stanford University graduate who earned his law degree from Harvard.
|
RELATED ARTICLES | | |
|
President Donalf Trump nominates Kevin Warsh as new Fed chair, potentially affecting interest rates and the economy
|
RELATED ARTICLES | | |
|
President Donald Trump said he'll announce his nominee to chair the Federal Reserve on Friday morning — and prediction markets have turned sharply toward a former Fed governor for the post.
|
|
