Kevin Warsh's Nomination as Potential Fed Chair and His Background in Finance
Kevin Warsh, nominated by President Trump to be the next Federal Reserve Chair, is likely to be confirmed after the Senate Banking Committee's vote. Warsh, who would be the wealthiest Fed chair in history, has a background in investment banking and hedge funds but has previously expressed a desire to reduce the Fed's influence in financial markets. This could have implications for the stock market.
Topics: Economic Policy Federal Reserve Kevin Warsh Leadership Change Senate Confirmation