President Donald Trump Claims Kevin Warsh Will "Do What He Has to Do" Over Interest Rates, but Keeps Throwing the Fed Under the Bus
Fed Chair Warsh has escaped direct criticism from the president thus far -- but the Federal Open Market Committee (FOMC) hasn't been as lucky.
Overview
Investors have been privy to several history-making moments this year, including record highs for the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC), and the largest-ever initial public offering in Wall Street's history.
However, the biggest milestone of all might be the swearing-in of Kevin Warsh on May 22 as just the 17th head of the central bank.
Fed Chair Kevin Warsh may be on a collision course with President Trump over interest rates. Image source: Official White House Photo by Daniel Torok.
Details
Source
Originally published at www.fool.com.
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