Fed chair nominee Kevin Warsh issues big bull signal to US investors: Calls for ‘new’ inflation rules, ‘regime change’
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, expressed confidence in the US economy and called for changes in monetary policy at his Senate confirmation hearing. Warsh stated that he shares the president's confidence in the country's economic growth potential and that inflation 'is a choice'.
Kevin Warsh, nominated by President Donald Trump to lead the Federal Reserve, appeared at his Senate confirmation hearing. Warsh expressed a positive view of the US economy, aligning with the White House's outlook. He stated that the president believes real economic growth and take-home pay will accelerate, and he shares this confidence. Warsh emphasized his independence, saying the president never asked him to predetermine interest rate decisions. Analysts interpreted Warsh's responses as potentially leading to a more dovish Federal Reserve. In a November 2025 Wall Street Journal op-ed, Warsh wrote that inflation 'is a choice' and criticized the Fed's current track record under Jerome Powell. Warsh suggested reducing the Fed's balance sheet and redeploying the largesse in the form of lower interest rates.
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