CryptoNews reports that, as the obstacles to Kevin Warsh being confirmed as the next U.S. Federal Reserve chair appear to be diminishing, the market is reexamining the impact that this change may bring. AMP’s Chief Economist Shane Oliver said that Warsh is committed to maintaining the Fed’s independence and may place greater emphasis on the AI transition rather than on jobs. He also noted that Warsh may favor trimmed-mean inflation over core PCE, even though that could be seen as cherry-picking. Oliver added that Warsh’s stance may be slightly more dovish than Powell’s, but there would be no fundamental difference.

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