Warsh Emerges as Frontrunner for Fed Chair
Update: 2025-12-15
Description
Kevin Warsh emerges as frontrunner for Federal Reserve chairman, surpassing Kevin Hassett in prediction markets. President Trump hints at Warshs strong position, following a meeting and discussions on interest rate cuts. Hassetts candidacy faces resistance due to perceived alignment with Trump, potentially compromising Feds independence. Warsh gains support from JPMorgan Chase CEO Jamie Dimon. Trump to announce nomination in early 2026.
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