How much sway will new Fed Chair Kevin Warsh really have over interest rates?

Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Kevin Warsh will need to work to form consensus.

Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Kevin Warsh will need to work to form consensus.

Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Kevin Warsh will need to work to form consensus.