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As Powell Steps Down, the Fed Confronts ‘Regime Change’

Jerome H. Powell is passing the chair’s baton to Kevin M. Warsh at the Federal Reserve, an institution that President Trump’s pick says needs an overhaul. [Source]

Publication Date:

Origin: nytimes.com

Category: Federal Reserve System

Topics: Powell, overhaul, needs, Trump’s, President, institution, Reserve, Federal, Warsh, Kevin, baton, chair’s, passing, Jerome, Change’, ‘Regime, Confronts, Steps

Source: https://www.nytimes.com/2026/05/15/us/politics/jerome-powell-kevin-warsh-federal-reserve.html