Will the Next Fed Chairman Be More Compliant With Trump?
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Kevin Warsh, the presumptive next chairman of the Federal Reserve, has devoted his professional life to opposing expansive monetary policies. But Warsh’s instincts seem to conflict with the preferences of U.S. President Donald Trump, who nominated him for his new role. Warsh’s pending promotion thus raises questions about what happens when an inflation hawk takes the chair under a president demanding rate cuts. How has Warsh’s biography shaped his economic views? How might Warsh’s communication
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