Washington Edition

Trump’s Fed Chair Pick Faces Obstacles to Delivering on Rate Cuts

War and the economy may make some Fed policymakers more cautious.
Kevin Warsh, President Trump’s choice as the next chair of the Federal ReservePhotographer: Tierney L. Cross/Bloomberg

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, Federal Reserve reporter Amara Omeokwe looks at the challenge facing the president’s choice for the next head of the central bank. Sign up here. Email our editors here.

Obstacles are mounting for Kevin Warsh to deliver the drastic rate cuts President Donald Trump wants if he becomes the next chair of the Federal Reserve.