U.S. President Donald Trump said he thinks Kevin Warsh, his pick to head the Federal Reserve, should have no trouble winning confirmation. https://www.japantimes.co.jp/business/2026/02/01/economy/trump-fed-warsh-democrats/?utm_medium=Social&utm_source=mastodon #business #economy #federalreserve #us #globaleconomy #donaldtrump #congress #kevinwarsh #democrats #republicans
Kevin Warsh waited almost a decade before finally clinching U.S. President Donald Trump’s nomination to be chair of the Federal Reserve. He won’t need to wait as long before his first big test in the job. https://www.japantimes.co.jp/business/2026/01/31/kevin-warsh-fed-reality-check/?utm_medium=Social&utm_source=mastodon #business #us #donaldtrump #federalreserve #jeromepowell #kevinwarsh
U.S. President Donald Trump said he intends to nominate Kevin Warsh, who previously advised Trump on economic policy, to be the next chair of the Federal Reserve. https://www.japantimes.co.jp/business/2026/01/30/kevin-warsh-federal-reserve/?utm_medium=Social&utm_source=mastodon #business #us #donaldtrump #federalreserve #jeromepowell #kevinwarsh
The more I read about this guy, the more fishy he seems.
"Warsh married into great wealth. Specifically, he married the daughter of Ronald Lauder, the cosmetics billionaire — who, bizarrely, is a key figure behind Donald Trump’s obsession with Greenland."
2026 will mark the beginning of the loss of reserve currency status of the US dollar. It will take a long time but it needs to be done.
Gold price fell rather sharply yesterday.
Some said it was because Trump's Federal Reserve Chair pick soothed the market. Kevin Warsh will preserve the Fed's independence.
I don't believe Warsh will defend the Fed at all. Haven't people seen how Americans bend their knees the moment Trump says some threatening words to them? They only find their #backbone if they are planning to retire or not running for reelection.
The more I read about this guy, the more fishy he seems.
"Warsh married into great wealth. Specifically, he married the daughter of Ronald Lauder, the cosmetics billionaire — who, bizarrely, is a key figure behind Donald Trump’s obsession with Greenland."
2026 will mark the beginning of the loss of reserve currency status of the US dollar. It will take a long time but it needs to be done.