As the Federal Reserve grapples with rising inflation and economic uncertainty, speculation is growing about who will succeed Jerome Powell as the central bank's next chairman. One name frequently mentioned is Kevin Warsh, a former Fed governor and Harvard Business School professor. In this opinion piece, the author examines whether Warsh has the mettle to pass the Powell test, which has come to represent a unique blend of monetary policy expertise, leadership skills, and the ability to navigate the treacherous waters of Washington politics. With the Fed facing a host of challenges, including the ongoing COVID-19 pandemic and the need to balance economic growth with price stability, the question on everyone's mind is: can Warsh rise to the occasion and lead the Fed with the same level of authority and effectiveness as Powell?
Opinion | Can Kevin Warsh Pass the Jerome Powell Test? The New York Times