Fed Chair Nominee Kevin Warsh Criticizes Jerome Powell and Signals Potential Shift at the Federal Reserve
Jerome Powell's tenure as Fed chair is set to end on May 15, with Kevin Warsh, Trump's nominee, signaling a potential shift in Federal Reserve policy. Warsh has criticized the central bank's large balance sheet, which could lead to significant market volatility. The transition may impact major indices like the S&P 500 and Nasdaq.
Topics: Federal Reserve Interest Rates Jerome Powell Kevin Warsh Market Volatility