AIFortuneabout 3 hours ago
Kevin Warsh defies Trump, markets react negatively
5 min read
Federal Reserve Chair Kevin Warsh held his first news conference on June 17, 2026, showing he is not President Trump's 'sock puppet.' Markets did not like the hawkish stance. Warsh, appointed by Trump after Jerome Powell's tenure, previously criticized Powell's rate hikes for contributing to the worst inflation in 45 years.
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