Kevin Warsh faces Senate vote on Fed chair nomination

11 articles · Updated · Barron's · May 10

The vote is expected on Monday, with White House economic adviser Kevin Hassett saying Warsh has the votes to become the next Federal Reserve chair.
Hassett told Fox News markets were relieved by Warsh's expected arrival and anticipated new leadership could help drive lower interest rates over time.
He also said the prolonged uncertainty around the Fed was nearing an end and described Warsh as a steady hand who could persuade colleagues at the central bank.

Warsh champions a less transparent Fed. Could this unconventional approach actually calm markets or create more economic uncertainty?

Can Warsh aggressively shrink the Fed's balance sheet without triggering a sharp rise in mortgage rates for American families?