Warsh will be pressured to help with ballot-box issues. That isn’t the Fed’s role.
Published:
Affordability concerns, lackluster jobs data through most of 2025, and President Donald Trump’s numerous public attacks on the Federal Reserve’s independence have raised the stakes of Kevin Warsh’s nomination to lead the Fed.
Trump’s calls for sharp interest-rate cuts have, understandably, left many concerned that this appointment comes with an implicit understanding that the Fed must immediately lower rates.
Opinion: Kevin Warsh needs to keep the Fed out of politics — no matter what Trump says
Outside the Box
Warsh will be pressured to help with ballot-box issues. That isn’t the Fed’s role.
Published:
Affordability concerns, lackluster jobs data through most of 2025, and President Donald Trump’s numerous public attacks on the Federal Reserve’s independence have raised the stakes of Kevin Warsh’s nomination to lead the Fed.
Trump’s calls for sharp interest-rate cuts have, understandably, left many concerned that this appointment comes with an implicit understanding that the Fed must immediately lower rates.
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