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drray23

(8,819 posts)
Thu Apr 30, 2026, 04:30 PM Thursday

I wonder if Kevin Warsh, Trump's nominee for fed chair

will actually be able to screw up the economy. The Fed chairman does not have the power to decide by themselves to raise or lower interest rates. It is done by the Fed's board of governors which votes for it. A strong chairman can influence it, but they still only have one vote.

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I wonder if Kevin Warsh, Trump's nominee for fed chair (Original Post) drray23 Thursday OP
And J. Powell is remaining on the board so Donald can put one of his flunkies in that seat... CousinIT Thursday #1
Warsh is a lawyer and did not study economics Orrin_73 Thursday #2
No, the Trump Pandemic already screwed up the economy. Sneederbunk Thursday #3

CousinIT

(12,697 posts)
1. And J. Powell is remaining on the board so Donald can put one of his flunkies in that seat...
Thu Apr 30, 2026, 05:02 PM
Thursday

...that should help.

Orrin_73

(1,653 posts)
2. Warsh is a lawyer and did not study economics
Thu Apr 30, 2026, 07:09 PM
Thursday

I wonder does he have enough expertise and economics knowledge to be a fed chair?

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