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Trump Elevates Kevin Warsh to Top of Fed Chair Shortlist

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Trump placed Kevin Warsh at the top of his Fed Chair shortlist, per ChainThink, after a meeting on Wednesday. Warsh, a former Fed governor, and Kevin Hassett are leading contenders. Trump reiterated that the Fed Chair should consult him on rate decisions, challenging central bank independence. Senator Elizabeth Warren warned of a potential "puppet" appointment. The move comes amid ongoing discussions on Countering the Financing of Terrorism and shifts in risk-on assets.
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