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Trump taps former Federal Reserve insider to replace Powell

smh.com.au

Friday, January 30, 2026

1 min read
Trump taps former Federal Reserve insider to replace Powell
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Kevin Warsh, a confidant of the US president, looks poised to push many of Trump’s priorities as a “shadow” Fed chief until Powell’s tenure ends in mid-May.

Kevin Warsh, a confidant of the US president, looks poised to push many of Trump’s priorities as a “shadow” Fed chief until Powell’s tenure ends in mid-May.

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