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Kevin Warsh's Fed: A Hawk, Dove, or Volcker 2.0?
Investors are trading the nomination of Kevin Warsh for Federal Reserve Chair as if Paul Volcker himself just walked back into the Eccles Building. But is Warsh truly the inflation hawk his reputation suggests? The answer is far more complicated. President Trump announced the nomination on January 30, 2026, positioning Warsh as a figure who can restore discipline at the central bank as Jerome Powell's term ends in May. The move comes after Trump's repeated criticism of the Fed's rate policy and independence, placing Warsh’s monetary philosophy squarely in the spotlight. Warsh’s record provides ample fuel for the ... (full story)