{"id":3187,"date":"2026-01-30T20:00:15","date_gmt":"2026-01-31T01:00:15","guid":{"rendered":"https:\/\/vr-news.net\/?p=3187"},"modified":"2026-01-30T20:00:15","modified_gmt":"2026-01-31T01:00:15","slug":"trumps-new-fed-chair-nominee-kevin-warsh-is-a-hack-with-ties-to-would-be-greenland-profiteer","status":"publish","type":"post","link":"https:\/\/vr-news.net\/?p=3187","title":{"rendered":"Trump\u2019s New Fed Chair Nominee Kevin Warsh Is a Hack with Ties to Would-Be Greenland Profiteer"},"content":{"rendered":"
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President Donald Trump has nominated<\/u><\/a> Kevin Warsh to succeed Jerome Powell as Federal Reserve chair. <\/p>\n

In response, Revolving Door Project Executive Director<\/strong> Jeff Hauser<\/strong> released the following statement:<\/p>\n

\u201cKevin Warsh is a partisan opportunist whose stance on monetary policy would likely align with Donald Trump\u2019s specific demands. It would be a monumental mistake to presume Warsh\u2019s current support for lower interest rates reflects a true commitment to the Fed\u2019s full employment mandate. Further, Warsh is like Trump, a zealot for financial deregulation\u2014and it is critical to note that financial regulation is a key, yet often underrated, responsibility of the central bank. Warsh\u2019s record suggests commitment to class and personal self-interest, not a broader dedication to an intellectually consistent view of the public interest. <\/p>\n

\u201cIndeed, Warsh embodies the corrupt self-dealing that defines the Trump administration. He is married<\/u><\/a> to the daughter of Ronald Lauder, a billionaire heir to cosmetics tycoon Est\u00e9e Lauder and longtime friend of Trump. In fact, Lauder is credited<\/u><\/a> with convincing Trump in 2018 that he should \u2018buy\u2019 Greenland. As Trump ratcheted up his threats to forcefully seize Greenland, Lauder acquired business interests throughout the Danish territory. Lauder stands to benefit from the annexation of Greenland and is also part of a consortium seeking to exploit lithium deposits in war-torn Ukraine.<\/p>\n

\u201cA realistic conversation around this appointment would thus center financial regulation while highlighting concerns that cronyism may explain the selection more than either Warsh\u2019s purported merit or supposed ideology.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump has nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve chair. In response, Revolving Door Project Executive Director Jeff Hauser released the following statement: \u201cKevin Warsh is a partisan opportunist whose stance on monetary policy would likely align with Donald Trump\u2019s specific demands. It would be a monumental mistake to presume […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[742],"class_list":["post-3187","post","type-post","status-publish","format-standard","hentry","category-ciencia-y-tecnologia","tag-vr-news-net"],"_links":{"self":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts\/3187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3187"}],"version-history":[{"count":0,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts\/3187\/revisions"}],"wp:attachment":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}