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Trump considered replacing Fed chair with Kevin Warsh

From axios.com

For a brief moment toward the end of last year, President Trump mused about whether he could replace Federal Reserve Chairman Jerome Powell with Kevin Warsh, a former Fed governor and aide to President George W. Bush, two sources who discussed the matter with Trump tell me. Between the lines: Trump talks about the appointment of Powell as one of the great mistakes of his administration, and wanted to fire him late last year. Trump often privately compares Powell to a golfer who has no "feel" for the game, and has told aides Powell poses the greatest threat to the U.S. economy. Show less Warsh had been on Trump's ... (full story)

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  • Category: Fundamental Analysis