The Federal Reserve enters the "Wosh Era": leadership of change and new policy directions

At Chairman Powell's final meeting, possibly his last to attend, the market's focus shifts from short-term interest rate trends to a profound question:
Where will the Fed go under Kevin Wosh's leadership?
As the government decides to suspend the criminal investigation into Powell, Wosh narrowly secures support from the Senate Banking Committee with a vote of 13 to 11,
which also signifies a major change in the Fed's leadership structure.
Wosh explicitly stated at the hearing that he is a "driver of systemic reform,"
showing a break from the eras of Bernanke, Yellen, and Powell.
He has publicly criticized the Fed's inflation response measures during the pandemic,
indicating he may shift toward supply-side analysis and re-examine how to address price pressures, especially inflation triggered by tariffs.