Federal Reserve faces unorthodox leadership change: Warsh enters, Powell remains
Business
WASHINGTON (AP) — President Trump’s pick to lead the Federal Reserve, Kevin Warsh , has said he wants to bring “regime change” to the central bank, but if confirmed by the Senate he will find a Fed already transformed by the White House’s attacks . For the first in almost five decades, there will be a former chair on the central bank’s board, potentially creating an alternate center of power. And on Wednesday multiple officials dissented from the Fed’s statement, a sign they won’t easily roll
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