By Free Republic | Created at 2024-11-22 18:11:02 | Updated at 2024-11-22 23:50:41
5 hours ago
Trump Considers Warsh for Treasury and Later Fed Chair
NewsMax ^ | Friday, 22 November 2024
Posted on 11/22/2024 10:04:57 AM PST by SoConPubbie
U.S. President-elect Donald Trump floated the idea of appointing Kevin Warsh as Treasury Secretary on the understanding that he could later be Federal Reserve Chairman, The Wall Street Journal reported, citing people familiar with the matter.
The potential arrangement was discussed between Trump and Warsh, a former investment banker who served on the Federal Reserve Board, at Trump's Mar-a-Lago retreat on Wednesday, the Thursday report added.
Trump is also thinking about appointing Scott Bessent, a longtime hedge fund investor who taught at Yale University for several years, to lead the White House National Economic Council before he could be nominated to replace Warsh at the Treasury, the report added.
No announcement has been made by Trump.
The Wall Street Journal cautioned that Trump could still pick someone else for the role.
Marc Rowan, who co-founded Apollo Global Management, U.S. Senator Bill Hagerty of Tennessee and Robert Lighthizer, who served as Trump's U.S. trade representative for essentially the then-president's entire term, are also considered to be in the running for the Treasury role.
(Excerpt) Read more at newsmax.com ...
TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: fedchair; treasury; trump; warsh
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Does anybody know anything about Wars?
1 posted on 11/22/2024 10:04:57 AM PST by SoConPubbie
To: SoConPubbie
Does anybody know anything about Warsh?
2 posted on 11/22/2024 10:05:18 AM PST by SoConPubbie (Trump has all the right enemies, DeSantis has all the wrong friends.)
To: SoConPubbie
Maybe Trump believes it's time to put U.S. economic and fiscal policy through the Warshing machine!
I'll see myself out...
3 posted on 11/22/2024 10:08:23 AM PST by Frank Drebin (And don't ever let me catch you guys in America!)
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