Cohn backs Warsh for Fed chair, praising a return to traditional norms

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Source: CBS News
Cohn backs Warsh for Fed chair, praising a return to traditional norms
Photo: CBS News
TL;DR Summary

Former Trump official Gary Cohn says Kevin Warsh is highly qualified to head the Fed and would take the central bank back to its traditional norms, signaling possible rate cuts and balance-sheet reduction while stressing the Fed's independence amid political pressure and questions surrounding Powell.

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