Warsh Likely Bound for the Fed Boardroom -- Market Talk
Dow Jones04-24 22:28
1027 ET - With the Justice Department's probe of Jerome Powell winding down, Kevin Warsh likely has a clear path to succeed Powell as Fed chair. His nomination had been held up in the Senate over Republican Thom Tillis's opposition to the Powell investigation. When confirmed, Warsh would take over the board seat now occupied by Stephen Miran, winding down Miran's short seven-month stint at the central bank. Powell can elect to stay on the Fed's board as a governor, although most past Fed chairs have left the institution when their leadership terms end. (matt.grossman@wsj.com; @mattgrossman)
(END) Dow Jones Newswires
April 24, 2026 10:28 ET (14:28 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments