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Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid

By CNBC April 30, 2026 Neutral
Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
When the Federal Open Market Committee gathers again in mid-June, it will mark the first time a sitting and former chair conduct central bank business together in nearly 80 years. The meeting with the incoming Chair Kevin Warsh and outgoing Jerome Powell likely will be less antagonistic, though still with high stakes for policy.
When the Federal Open Market Committee gathers again in mid-June, it will mark the first time a sitting and former chair conduct central bank business together in nearly 80 years. The meeting with the incoming Chair Kevin Warsh and outgoing Jerome Powell likely will be less antagonistic, though still with high stakes for policy.