Warsh’s challenge: Navigating Fed independence and Trump’s demands

Statele Unite

WASHINGTON (AP) — Kevin Warsh has sought the job of Federal Reserve chair, off and on, since President Donald Trump first considered him for the position nearly a decade ago. Now that he is in line for the position , the enormity of the challenge ahead of him is clear. To be effective, Warsh must gain the trust of at least three constituencies: the committee of Federal Reserve officials whose votes he will have to win to change interest rates; the financial markets, which can undermine his

Tag-uri: Donald Trump

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