3 comments

  • throw0101c 5 hours ago ago

    Maybe worth noting that while Powell's term as FOMC chair is ending in May, he still can stay on a a board member until January 2028:

    * https://en.wikipedia.org/wiki/Federal_Reserve_Board_of_Gover...

  • throw0101c 5 hours ago ago

    Bio (he's worked in government before):

    > During and in the aftermath of the 2008 financial crisis, Warsh acted as the central bank's primary liaison to Wall Street[5] and served as the Federal Reserve's representative to the Group of Twenty (G20) and as the Board's emissary to the emerging and advanced economies in Asia. Prior, he served as Special Assistant to the President for Economic Policy and Executive Secretary of the White House National Economic Council.

    […]

    > Warsh has been reported as a leading candidate for high-ranking economic positions in the U.S. government, including Secretary of the Treasury.[9] In June 2025 Warsh was reported as a leading candidate, along with Treasury Secretary Scott Bessent, to be nominated to succeed Jerome Powell as Chairman of the Federal Reserve.[10] President Trump, when asked directly about Warsh's prospective nomination, said "He's very highly thought of."[11] CNBC analysed that Warsh nomination would be welcomed by markets because of his past Fed experience and Wall Street’s view that he wouldn’t always do Trump’s bidding.[4]

    * https://en.wikipedia.org/wiki/Kevin_Warsh

  • throw0101a 3 hours ago ago

    Warsh's father-in-law is Ron Lauder:

    > A long-time friend of President Donald Trump, Lauder has been credited with planting the idea of annexing Greenland in Trump's mind.[5][6]

    * https://en.wikipedia.org/wiki/Ronald_Lauder

    > Kevin Warsh's father-in-law is Ron Lauder, the billionaire behind the Greenland plot who is also doing a Lithium deal with a US govt backed partner in Ukraine. Epstein claimed they were friends in his emails.

    * https://x.com/Timodc/status/2017227401445417102