By staying on the Fed’s board, Jerome Powell could be doing incoming Chairman Kevin Warsh a huge favor
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Jerome Powell’s continued presence on the Federal Reserve’s board of governors after his term as chairman ends might be awkward for his replacement, but could also be a big favor for Kevin Warsh.
On Wednesday, Powell diverged from long-standing tradition and announced he will remain on the board until the investigation into renovation of the Fed’s headquarters is truly complete. That came after the Justice Department dropped its investigation but left the door open to a rene
On Wednesday, Powell diverged from long-standing tradition and announced he will remain on the board until the investigation into renovation of the Fed’s headquarters is truly complete. That came after the Justice Department dropped its investigation but left the door open to a rene
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