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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
Does anybody know anything about Wars?
1 posted on 11/22/2024 10:04:57 AM PST by SoConPubbie
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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.)
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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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To: Frank Drebin

Meh. Could be warsh.


4 posted on 11/22/2024 10:22:06 AM PST by HYPOCRACY (Democracy is dead. Long live the Republic!)
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To: HYPOCRACY
"Hi yooohhhh!"


5 posted on 11/22/2024 10:28:26 AM PST by Frank Drebin (And don't ever let me catch you guys in America!)
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To: SoConPubbie

“Federal Reserve Board, at Trump’s Mar-a-Lago retreat “

The Federal Reserve Board, meets at Trump’s Mar-a-Lago retreat?


6 posted on 11/22/2024 10:35:12 AM PST by faucetman (Just the facts, ma'am, Just the facts )
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To: SoConPubbie

ANYONE that Trump picks, dont listen to the media, if Trump doesn’t post it, its not true..just like with the whole Mike Rogers for FBI Director, fox news wants Rogers to be director so damn badly well according to Trump’s spokesperson, he was NEVER on Trump’s radar, PERIOD..so no one knows anything unless it comes from Trump


7 posted on 11/22/2024 10:38:50 AM PST by Sarah Barracuda
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To: SoConPubbie

There’s a penalty for warsh sales.


8 posted on 11/22/2024 10:44:02 AM PST by aspasia
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To: SoConPubbie

I thought we were getting rid of the Fed.


9 posted on 11/22/2024 10:51:17 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: faucetman

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.


I had to read that paragraph twice to make sense of it.
The arrangement was discussed at Mar-a-Lago. Warsh served on the Federal Reserve Board prior. Kind of a convoluted, run-on sentence.


10 posted on 11/22/2024 1:00:11 PM PST by Marmolade
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