FED CONFIRMATION

The U. S. Senate is set to confirm Kevin Warsh as the new chair of the Federal Reserve, a move that could shape how the central bank tackles rising prices. Warsh, a seasoned lawyer and financier, will take over from Jerome Powell, whose term as chair ends this week. Although Powell will remain on th

Kevin Warsh could become the next head of the Federal Reserve, but his fate will hinge on more than just policy skill. The new chair must show he can move interest rates at the right moments, a hallmark of successful central bankers. In addition, he will be measured against Jerome Powell’s benchma