Fed Chair Succession in Turmoil as Warsh Nomination Faces Political Stalemate

27 articles · Updated · MarketWatch · Apr 18

The confirmation of Kevin Warsh as Federal Reserve chair is stalled amid Senate and Justice Department disputes.
Senator Thom Tillis is blocking Warsh’s nomination unless a Justice Department inquiry into Jerome Powell is dropped, leaving Warsh’s path uncertain.
If Warsh is not confirmed by May 15, Powell may serve as interim chair, but President Trump has threatened to fire him, risking legal battles.

What are the economic consequences of a president attempting to fire a sitting Fed chair?

How can the Fed's independence be protected when its leadership confirmation is stalled?

Could Warsh's plan to cut rates while shrinking the balance sheet create unprecedented market volatility?

Could abandoning the Fed's dual mandate for a single inflation goal actually help the economy long-term?

Beyond the confirmation drama, what does a $2.5B cost overrun reveal about Fed project management?

Is Warsh's belief in an AI-driven productivity boom a solid basis for changing US monetary policy?