The Fed's New Sock Puppet: What Kevin Warsh's Confirmation Means for Economic Policy The confirmation of Kevin Warsh as Federal Reserve chair has set off a mix of emotions among economists and politicians.
Some see him as a stabilizing force at the central bank, while others worry he may be too beholden to President Trump. Warsh's relationship with Trump is a contentious issue.
Critics have accused him of being a "sock puppet" for the President due to his history of speaking out against the Fed's recent policies and his reluctance to disclose details about his substantial wealth.