Kevin Warsh’s first Fed test is here: He must navigate hawks ‘on the offensive’ and Wall Street’s hunger for details on regime change

Kevin Warsh, the new U.S. Federal Reserve chairman, faces his first test leading a Federal Open Market Committee meeting amid pressure from hawkish members and Wall Street's focus on his proposed 'regime change.' His dovish stance, influenced by optimism about AI's economic potential, contrasts with the more cautious approach of his predecessor, Jerome Powell.