Trump Fed pick Kevin Warsh could shake up the central bank with his ‘family fight’ model

The US Federal Reserve has never before been this transparent about its policymaking process − but that might not be a good thing.

By: Simon Bowmaker, New York University and Paul Wachtel, New York University, The Conversation

Outlets: The Conversation

Published: March 31, 2026

Words: 1,105

Last Updated: 4 months ago

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By Simon Bowmaker, New York University and Paul Wachtel, New York University

Since President Donald Trump named Kevin Warsh as his choice for Federal Reserve chair on Jan. 30, 2026, financial markets have focused on one question: Is he still the inflation hawk he once was, or is he now more comfortable with the lower interest rates that the president has long demanded?

We have a different take. Drawing on decades of …

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