Kevin Warsh, the ‘hard money hawk’ expected to replace Powell

Business

Kevin Warsh, President Trump’s likely next pick to lead the Federal Reserve, is a “hard money hawk” who has previously called for “regime change” at the Fed. Warsh, 55, has stellar Republican finance credentials. Some have questioned whether he fully supports the MAGA agenda. His recent statements suggest he will back the president. Crucially for Trump, he has agreed that the Federal Reserve should be more aggressive in cutting interest rates. The president has long railed against current Fed