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Fed's policymaking table is set for the 'family fight' Warsh says he wants
Federal Reserve chief nominee Kevin Warsh says he wants a "good family fight" at the policymaking table once he takes over as head of the U.S. central bank. And a fight, or at least stiff resistance, may be exactly what he gets if he tries to deliver the steep interest rate cuts that President Donald Trump expects from his nominee when Fed Chair Jerome Powell's leadership term ends on May 15. Of the 19 Fed officials who set interest rates and who will convene on Tuesday for what's likely to be their final two-day policy meeting under Powell's leadership, roughly half lean hawkish, meaning they are more concerned ... (full story)