Kevin Warsh needs to be confirmed as Fed Chair in order to avoid an economic shutdown
Business
Kevin Warsh would like to start as Fed chairman yesterday, but his nomination as the head of the central bank remains in limbo. The longer it does, the more the country’s economy is at risk. With all that’s going on in the world, oil prices rising and inflation looming, it’s easy to forget that Warsh remains sidelined at a particularly vulnerable time for the US economy. The current Fed chair, Jerome Powell , is of course a lame duck after butting heads with the president over interest rate
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