CNA938 Rewind - Who is Kevin Warsh and how will he shape the future of U.S. monetary policy
The battle over who leads the U.S Federal Reserve is heating up. Kevin Warsh has just faced lawmakers in a closely watched confirmation hearing, defending his finances and pledging independence from political pressure. At the same time, the Justice Department has dropped its probe into current chair Jerome Powell – a move that could smooth Warsh’s path to confirmation within weeks. Andrea Heng and Hairianto Diman find out what a Warsh-led Fed could mean for interest rates and the global economy with Ben Emons, Chief Investment Officer and Founder, FedWatch Advisors