Tag: Warsh
-
Trump jokes about suing Warsh over rates at DC dinner
Overview: a late-night quip that drew headlines At a prestigious Washington gathering this weekend, former President Donald Trump jokingly suggested he might sue Kevin Warsh, his Federal Reserve chair nominee, if rates were lowered. The comment, delivered in a high-profile social setting, captured the current mood around monetary policy amid a charged political climate. While…
-
Markets Slump as Trump Nominates Warsh for Fed Chair, Dollar Rises on Inflation Data
Overview: Markets react to Warsh nomination and inflation data Global stocks slipped for a second straight session and the U.S. dollar rose sharply on Friday after President Donald Trump announced former Federal Reserve governor Kevin Warsh as his pick to become the next chair of the central bank. The market reaction underscored investors’ unease about…