Atlanta Fed chief selection delay gives Warsh a say

The Federal Reserve Bank of Atlanta delayed selecting a new president until Kevin Warsh's appointment as Fed chairman, allowing him to influence the choice of an official who will vote on interest rates in 2027. The process, paused after Warsh's swearing-in, has drawn attention from Trump administration officials, including Treasury Secretary Scott Bessent and Kevin Hassett, amid broader efforts to reshape the central bank. Candidates interviewed include Rebecca Patterson, Marc Sumerlin, and Michael Faulkender.