Kevin Warsh faces a truly daunting task. The new chairman of the Federal Reserve must avoid provoking a president he had to charm to get the job. He needs to repair relations with the Fed’s other policymakers, many of whom he recently criticized — not least, former Chair Jerome Powell, who remains on the central bank’s board for now. While contending with all that, he must also affirm the Fed’s co
Macro Bloomberg Jun 19, 2026