White House Confident Warsh Will Lead Fed by May
Why it matters: Kevin Warsh's confirmation as Fed chair by May would set new monetary policy direction for the U.S. economy.
- National Economic Council Director Kevin Hassett stated that President Trump's nomination of Kevin Warsh for Fed chair is "absolutely" on track for confirmation.
- Hassett described Warsh as a "top tier candidate" during an interview on Fox Business Network.
- The White House anticipates Warsh could start as Federal Reserve chair in May, signaling a clear timeline for the appointment.
The White House is confident that Kevin Warsh's nomination to lead the Federal Reserve is on track for confirmation, with National Economic Council Director Kevin Hassett calling him a "top tier candidate." This indicates strong internal support for Warsh to potentially begin his tenure as Fed chair in May.
