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Trump's own Fed pick will head to the 'firing squad' within two months: expert
May 13, 2026
Posted 1 hour ago by
President Donald Trump's pick for Fed chair Kevin Warsh was confirmed by the Senate on Wednesday in a 54-45 vote, the most divisive confirmation in the modern era — but that might not be enough for Trump, especially as the Iran war has sent prices soaring in the United States and inflation skyrocketing as economists expect interest rate cuts to be put off.Warsh was the only Fed chair nominee in modern history to receive nearly zero bipartisan support, with Pennsylvania Democrat Sen.
Analysis Methodology
This narrative analysis was generated using the CoDataLab Global Intelligence Engine. Our proprietary AI scans thousands of cross-border sources to identify sentiment patterns, framing techniques, and potential media bias. While AI provides the data-driven foundation, our objective is to empower readers with additional context beyond the standard headline.The content displayed above is a structured summary designed for rapid information processing. For the full original report, please visit the source outlet.John Fetterman the sole Democrat to cross party lines to vote for him. That vote came the same day Fetterman cast the deciding vote against a war powers resolution to end Trump's Iran war.In an unusual break with tradition, outgoing chair Jerome Powell will remain on the Fed's governing board after stepping down, determined, sources said, to safeguard the institution from political pressure.Those projections further pad the protective bubble that some Republicans have built around Warsh in recent weeks, giving him rhetorical runway to hold off on the cheaper borrowing costs that Trump has pushed for, according to Semafor.But that runway may be short-lived as Trump and Republicans face mounting pressure ahead of the midterm elections.Warsh's honeymoon may not last long after senators cast their final votes to install him as chair, according to Semafor.The president has 'put this guy in for a firing squad,' Access/Macro chief economist Tim Mahedy told Semafor. It's going to be brutal — Trump's going to turn on [Warsh] in two months.
Analysis Methodology
This narrative analysis was generated using the CoDataLab Global Intelligence Engine. Our proprietary AI scans thousands of cross-border sources to identify sentiment patterns, framing techniques, and potential media bias. While AI provides the data-driven foundation, our objective is to empower readers with additional context beyond the standard headline.The content displayed above is a structured summary designed for rapid information processing. For the full original report, please visit the source outlet.Narrative Intelligence Report
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