Goldman Sachs Vice Chairman Rob Kaplan, a former Dallas Fed president, spoke with Julie Fine after Kevin Warsh was sworn in as Fed Chair. Kaplan said he expects newly sworn-in Fed Chair Kevin Warsh will be independent from political influence, which is essential for the central bank to maintain credibility with the public and markets. (Source: Bloomberg)
Goldman Sachs Vice Chairman Rob Kaplan, a former Dallas Fed president, spoke with Julie Fine after Kevin Warsh was sworn in as Fed Chair. Kaplan said he expects newly sworn-in Fed Chair Kevin Warsh will be independent from political influence, which is essential for the central bank to maintain credibility with the public and markets. (Source: Bloomberg)
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President Donald Trump stressed that he wants Kevin Warsh to independently lead the Federal Reserve, as he looked to downplay investor concern that he would pressure the new central bank chief on policy decisions.
