Kevin (Warsh) Can Wait
Kevin Warsh has been confirmed as the new Federal Reserve Chair, succeeding Jerome Powell, who will remain on the board. The appointment raises questions about how Warsh will navigate pressure from President Donald Trump to lower interest rates amid rising inflation. Meanwhile, Trump's visit to China and the global AI-driven semiconductor boom are shaping the economic and geopolitical landscape.
- ▪Kevin Warsh was confirmed as the new Federal Reserve Chair.
- ▪Jerome Powell will remain on the Federal Reserve board.
- ▪Warsh faces pressure from President Trump to lower interest rates despite inflation concerns.
- ▪Trump's visit to China could impact the U.S.-China power balance, especially in the AI race.
- ▪The AI boom is driving unprecedented demand for semiconductor chips.
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Slate Money May 16, 20268:00 AM We Need to Talk About Kevin (Warsh) Kevin Warsh is confirmed as Fed Chair, Trump talks tech with Xi, and the chip market rides the AI boom. Copy Link Share Share <div class="slate-megaphone__slot"></div> View Transcript Advertisement Listen & Subscribe Choose your preferred player: Apple Podcasts Spotify Amazon Music TuneIn Pocket Casts RSS Feed For questions about subscriptions or your Slate Plus feed, check our FAQ. <p class="slate-notification--error podcast-how-to-listen__notification">Please enable javascript to get your Slate Plus feeds.</p> All Slate Plus Podcasts Get Your Slate Plus Podcast If you can't access your feeds, please contact customer support. Thanks! Check your phone for a link to finish setting up your feed.
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