Miner Company
With Warsh Confirmation Pending Focus Reverts To Shrinking Fed Balance Sheet
Kevin Warsh's Fed Chair nomination faces Senate confirmation hurdles, with procedural and political obstacles threatening timely approval before Powell's term ends May 15. Warsh advocates for significant Federal Reserve balance sheet reduction, viewing current levels as excessive and supporting further Quantitative Tightening beyond recent Fed actions.
Kevin Warsh's Fed Chair nomination faces Senate confirmation hurdles, with procedural and political obstacles threatening timely approval before Powell's term ends May 15. Warsh advocates for significant Federal Reserve balance sheet reduction, viewing current levels as excessive and supporting further Quantitative Tightening beyond recent Fed actions.