Banking with Interest

Is this the End of the Chair-Driven Fed?

May 12, 2026·40 min
Episode Description from the Publisher

Nick Timiraos, chief economics correspondent at The Wall Street Journal, discusses the unusually fraught transition now underway at the Federal Reserve. He tackles why Jerome Powell's decision to stay on the board matters, what Kevin Warsh will face if he takes over as chair, and whether the future of the role may be irrevocably altered.

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