Trump and Warsh: Fate Tied Together

The fates of Trump and new Fed Chair Kevin Warsh are now tied, for better or worse, as economic indicators and midterm elections loom.

Today / 10:30|Last updated: Today / 10:32

Trump and Warsh: Fate Tied Together — Photo: Prepared by Bond.az

Former Fed Chair Jerome Powell was a convenient scapegoat for President Trump. But with new Chair Kevin Warsh, the dynamics shift.

Trump handpicked Warsh. He can no longer blame others for economic woes.

Friday's White House swearing-in ceremony felt like a rally. Trump told Warsh to 'do your own thing.'

Inflation is rising, and 30-year mortgage rates hit 6.5%. Trump's approval on the economy has slipped.

Warsh's first months will reveal his leadership style. But within the Fed, disagreements are rife.

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