By Staying on the Fed's Board, Jerome Powell Could Be Doing Incoming Chairman Kevin Warsh a Huge Favor
Powell said he will keep a low profile as a governor and not challenge Kevin Warsh’s leadership amid pressure for rate cuts.
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Powell Says He Won’t be a ‘Shadow Chair’ … But is a Warsh Clash Inevitable? - The MortgagePoint
When the Federal Open Market Committee gathers again in mid-June, it will mark the first time a sitting and former Chair have conducted central bank business together in nearly 80 years.
Powell and Warsh set to clash
Federal Reserve Chairman Jerome Powell, and Federal Reserve Nominee, Kevin Warsh. Reuters When the Federal Open Market Committee gathers again in mid-June, it will mark the first time in nearly 80 years that a sitting and former chair conduct business together, a historic overlap that comes at a sensitive time for the central bank. While the scenario could look something like the clash of the policy titans, the meeting with the incoming Chair K…
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