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Trump taps Kevin Warsh for Fed Chair, sets stage for high-stakes battle over central bank independence – TON BOT

Trump taps Kevin Warsh for Fed Chair, sets stage for high-stakes battle over central bank independence

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President Trump has nominated Kevin Warsh to replace Jerome Powell as chair of the Federal Reserve, sparking debate over Fed independence and monetary policy. Warsh’s selection is seen as aligning with Trump’s calls for lower interest rates, but his past criticism of the Fed raises concerns about political influence.

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