Trump again criticized the head of the Federal Reserve, Jerome Powell, eventually talking about the chapter and the male in the end, at an event in the Oval Hall, that Powell “would be very fast” if he wanted.
Although many experts claim that the president does not in fact enjoy the authority to reject the federal reserve head due to political differences, Trump explained that he is ready to break the rules and precedents, even in the face of potential huge repercussions.
It seems that the main candidate for the US Central Bank leadership during the Trump era, either at the end of the Powell state in May 2026 or before, is Kevin Wrash, the former director of the Federal Reserve coach who was previously considered Trump’s secretary in his second term and was a candidate for the Federal Federal Reserve during the first period of Trump.
A CNN He had already informed that Warch was on the Trump list of the Federal Reserve President this time, as soon as Powell’s time ended.
In fact, there were many of Scott Beesen’s choice of Trump to lead the Treasury by many as a way to provide Warsh to appoint a possible as head of FBI.
Treasury Secretary Scott Bessent Bloomberg said earlier this week that the administration will start interviewing with the candidates for success “at some point in the fall.”
With speculation about whether Trump will try to reject Powell before the end of his term, Pesint said that “monetary policy is a jewelry box that must be preserved.”
But who is Kevin Warb?
Warsh, 55, was the vice president and executive director of the Mourning and Motivating Department of Morgan Stanley before working as a special assistant for then President George Bush for economic policy and as an executive of the National Economic Council.
Like Powell, Warsh does not have a graduate degree in economics. He graduated from Harvard University Law in 1995.
Bush appointed Warsh to the Conservative Council of the Federal Reserve in 2006, where he served during the peak of the great recession as a major mediator with Wall Street.
In this role, helped coordinate Bear Stens to Jpmorgan Chase. But Lyman Prades also allowed separation in 2008, a crucial moment for global financial markets.
Warsh resigned from the Federal Reserve in 2011 after publicly expressed its opposition to the Central Bank’s plan to buy $ 600 billion of titles to pump more money into the economy. Recently, Warsh advised the Trump transitional team on economic policy after the November elections.
In an article on the opinion of January in Wall Street Journal, he joined Trump in criticizing the federal reserve to allow inflation noticeably during and after the epidemic.
Warsh is currently working as a distinguished economic researcher at the Hoover Institute, a Stifling governor; He is a visiting professor at Stanford College of Business.
In addition, he is a member of the Apartments Consultants Committee at the Congress Budget Office. He is married to billionaire Jin Lauder, the grandson of Estée Lauder, the late cosmetic pole.
In his article in Wall Street Journal, Warb wrote that high inflation rates in recent years came from “a government that has spent a lot and a central bank printed too much.”
However, most economists attribute the inflation eruption by 2021 mainly to demand and offer shocks caused by the epidemic. American market indicators are displayed in real time except for S&P 500, which are updated every two minutes.
