Bloomberg
US · 18 mins ago
◉ Centre
Trump Tells Warsh to Do ‘Own Thing’ as Fed Chair Sworn In
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Quality 45/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ⚠ Misleading headline
Kevin Warsh has been sworn in as Federal Reserve Chair. Goldman Sachs Vice Chairman Rob Kaplan expressed confidence that Warsh will maintain independence from political pressure, which he says is crucial for the Fed's credibility.
Trump Tells Warsh to Do ‘Own Thing’ as Fed Chair Sworn In
Goldman Sachs Vice Chairman Rob Kaplan, a former Dallas Fed president, spoke with Julie Fine after Kevin Warsh was sworn in as Fed Chair. Kaplan said he expects newly sworn-in Fed Chair Kevin Warsh will be independent from political influence, which is essential for the central bank to maintain credibility with the public and markets. (Source: Bloomberg)
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