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Wall Street Can’t Decide Whether Kevin Warsh Will Be a Friend or Foe

Published

3 days ago

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Wall Street is unsure whether

Kevin Warsh will be a friend or foe. 

Investors are optimistic that Warsh will preserve the Federal Reserve’s cherished independence. They are also concerned he might be far from the easy-money chair that President Trump has demanded, noting Warsh’s enthusiasm for reducing the central bank’s bondholdings.

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