With Gary Cohn’s chances of becoming chairman of the Federal Reserve diminished, another former banker is waiting in the wings for the coveted post: Kevin Warsh.A veteran of both the central bank and Wall Street, Warsh is already high on the White House’s list of possible successors to Fed Chair Janet Yellen.
Kevin Warsh's Built-in Advantage For Fed Chair Race: Family Ties
vguida@politico.com (Victoria Guida), Politico
Wed, 09/20/2017 - 2:06am
Topics: cohn gary cohn s fed federal reserve warsh wall street white house i white house s jane fed fed chair janet yellen trump lauder donald tim o brien o'brien cohn national economic council charlottesville va that goldman sachs president barack obama senate republicans u.s bancorp ceo richard davis bb&t ceo john allison wharton school university pennsylvania new york palm beach fla donald estée forbes-estimated middle east world jewish congress harvard he white house policy forum stanford university s hoover institution stanford john taylor columbia university glenn hubbard gdp washington fed s the fed charles plosser fed philadelphia fed i bush president george w bush s morgan stanley bush s white house bernanke ben bernanke the courage act ceos chairman bernanke fed vice chairman don kohn federal reserve board treasury kevin s when timothy geithner he york fed he bill dudley may and ph.d nellie liang paul volcker jordan haedtler fed up march april ben white josh dawsey obama race bank central monetary role group doesn speech worked wrote response rates book fellow months purchases tapped closely colleagues veteran banker markets loyalty asset degree argued major rules play advocates part called years career op-ed regularly successors clear pass ronald post reference magnate chances coveted corner powerful matters famous fragrance loose work taps contender odds job durable sort democrat run angered banks fondness free reemerge launched cologne chatter met college younger subject attended decades homes granddaughter worth ambassador well-connected spoken person panel day gut meets formally people law foremost wake member paper comments comment growth.but goal annual slot stood percent steady nervousness penchant defenders avowed suspect mergers regard hate bankers hopefuls started youngest department governor trader go-between calls conference burden push mortgages market long-term understand judgments regulators frequent bound bundled greater week stronger master bonds shape leaves began grudges reluctance vote player colleague held comfortable secretary team regulatory unsuccessful voted late lost desk replace head ran veterans threat problem.kohn governance contrast early reform crouch clearer proposed transparency large agency thought pretty number steeped vowed love put observers respect lack agreed played undercut members warned leadup propose markets.jordan moderate staffer lets models spectacularly top level vagueness palatable factors sector unclear areas wrong tasked body employer
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