Kevin Warsh to face resurgent inflation and an impatient Donald Trump as chair of the Fed
US Senate widely expected to confirm the 56-year-old financier to replace Jay Powell this week
US Senate widely expected to confirm the 56-year-old financier to replace Jay Powell this week

Sluggish process could leave Jay Powell at helm of central bank despite US president’s push for policy reset

Vote brings to an end one of the most fraught processes of selecting a central bank chief in decades

Trump’s choice of chair will shift from Powell’s data-dependent approach to policy

If he is finally confirmed, Trump’s nominee for chair must undertake a re-evaluation of the central bank’s structure and purpose

Trump’s pick will take the reins of the world’s top central bank during one of the most consequential periods in its history

President’s decision on successor to Jay Powell comes at pivotal moment for world’s most important central bank