Warsh will formally succeed Fed Chair Jerome Powell, whose eight-year tenure was marked by several economic crises and a heated clash with the White House to defend the US central bank’s political independence.
Warsh was confirmed in a 54-45 vote, mostly split along party lines, with only Democratic Sen. John Fetterman of Pennsylvania crossing the aisle to vote in favor of Warsh’s nomination. It was the most partisan vote for a Fed chair nominee in history.
Money printer go BRRRRRRERREERRRRR!
Get ready for astronomical levels of inflation!
Maybe this means I can finally pay off my student loan since the money is going to be fucking worthless anyway.
I’m no ecologist but this sounds sound to me. That is, assuming, pay comes up too and not just the cost of living.
Hahahahahahahahahahahaha