# Fed Chair Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Fed Chair", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Kevin Warsh Emerges as a Surprise Contender: How Did an Inflation Hawk Become a Top Candidate for Fed Chair?

Kevin Warsh, a former Federal Reserve governor known for his hawkish stance on inflation, has unexpectedly re-emerged as a top contender for the next Fed chair, competing against Trump’s longtime economic advisor Kevin Hassett. President Trump has indicated his next Fed pick will aggressively cut interest rates, a priority for his administration. Warsh brings a blend of Wall Street experience, academic credentials, and prior Fed service during the 2008 financial crisis. Despite his historical skepticism toward quantitative easing and concerns over inflation, Warsh has recently signaled openness to rate cuts, aligning with Trump’s demands. He has proposed a “rate cuts plus balance sheet reduction” strategy to reconcile stimulus with inflation control. Hassett, by contrast, is seen as a loyalist who would more directly implement Trump’s preference for looser monetary policy. However, some within Trump’s circle question his technical competence compared to Warsh’s deeper central banking experience. The competition reflects a broader tension between professional independence and political alignment. Warsh is viewed as more institutionally cautious, while demonstrating recent flexibility, whereas Hassett advocates for a Fed more directly responsive to the White House. The outcome will significantly influence the Fed’s future direction and perceived independence.

marsbit12/18 08:43

Kevin Warsh Emerges as a Surprise Contender: How Did an Inflation Hawk Become a Top Candidate for Fed Chair?

marsbit12/18 08:43

Fed Chair Race Takes a Surprising Turn: Warsh Overtakes Hassett, Trump's Interest Rate Gambit Places a New Piece

US Federal Reserve Chair Race Shifts: Warsh Surpasses Hassett as Trump's Top Pick In a surprise turn of events, President Trump confirmed to The Wall Street Journal that former Fed Governor Kevin Warsh has become the leading candidate for the next Federal Reserve Chair, overtaking previously favored Kevin Hassett. This shift followed a 45-minute meeting where Warsh aligned with Trump’s desire for lower interest rates. Warsh’s Wall Street experience and previous role at the Fed during the 2008 financial crisis distinguished him from the more academic Hassett. Market probabilities reflected the change, with Hassett’s odds dropping from 85% to 52%, while Warsh’s rose to 38%. Trump has repeatedly criticized current Chair Jerome Powell for not cutting rates aggressively enough, and even suggested the Fed should consult the president on rate decisions—a direct challenge to the central bank’s independence. Other candidates include Fed Governors Christopher Waller and Michelle Bowman, and BlackRock’s Rick Rieder. Historical parallels were drawn to Nixon-era political pressure on the Fed, which led to high inflation. ECB President Christine Lagarde warned that political interference poses a “very serious threat” to global economic stability. Wall Street reacted cautiously, with Jamie Dimon noting both candidates' strengths but acknowledging Warsh’s potential to be an “outstanding chair.” Powell, whose term ends in May, aims to hand over a stable economy but has consistently resisted Trump’s calls for deeper rate cuts. The outcome of this selection will significantly influence global financial markets and test the Fed’s independence in the years ahead.

marsbit12/14 01:53

Fed Chair Race Takes a Surprising Turn: Warsh Overtakes Hassett, Trump's Interest Rate Gambit Places a New Piece

marsbit12/14 01:53

活动图片