Trump’s Pick for Fed Chair Says He’ll Stay Independent. Does He Mean It?

President Donald Trump's Pick to Lead the Fed, Kevin Warsh, May Be the Trump Bull Market's Undoing

Key PointsPresident Trump nominated Kevin Warsh to succeed Jerome Powell as Fed chair, whose term ends on May 15.The presumed incoming Fed chief wants to reshape the central bank, which may come with unintended consequences for the stock market.Warsh will also inherit a historically fractured Federal Open Market Committee (FOMC) that's threatening the very fabric of the Fed's credibility in the eyes of Wall Street.10 stocks we like better than S…

Trump’s pick for Fed chair says he’ll stay independent. Does he mean it?

Kevin Warsh said at a confirmation hearing he would not become the US president’s ‘human sock puppet’, but concerns over interference persist.

Powell likely to remain Fed chair until term ends in 2026 amid Warsh transition

Powell's continued tenure may stabilize Fed policy, reducing market volatility amid potential executive pressures and Warsh's pending leadership. The post Powell likely to remain Fed chair until term ends in 2026 amid Warsh transition appeared first on Crypto Briefing.