LorenzoKing

Fed Chair candidate Waller Fed independence is "crucial"
On July 17th, Jin10 reported that Kevin Warsh, a potential nominee for the next Federal Reserve Chair, emphasized the importance of Fed independence. Speaking with CNBC, Warsh said that while the Fed must remain independent in executing monetary policy, this independence doesn't extend to all areas. Warsh, who served on the Fed Board from 2006 to 2011, was known for his hawkish stance on interest rates to combat inflation. However, this year he supports cutting rates — a view aligned with former President Trump, who is currently weighing
On July 17th, Jin10 reported that Kevin Warsh, a potential nominee for the next Federal Reserve Chair, emphasized the importance of Fed independence. Speaking with CNBC, Warsh said that while the Fed must remain independent in executing monetary policy, this independence doesn't extend to all areas. Warsh, who served on the Fed Board from 2006 to 2011, was known for his hawkish stance on interest rates to combat inflation. However, this year he supports cutting rates — a view aligned with former President Trump, who is currently weighing