KEVIN WARSH SWORN IN AS FED CHAIR — POWELL REFUSES TO LEAVE BOARD, RISKS SHADOW CHAIR CONFLICT

KEVIN WARSH SWORN IN AS FED CHAIR — POWELL REFUSES TO LEAVE BOARD, RISKS SHADOW CHAIR CONFLICT Peter Navarro warns that Powell could force rate hikes into a supply-driven oil shock. Greenspan and Bernanke both cut rates during similar crises. Housing would weaken if Powell overrules Warsh.

Peter Navarro warns that Powell could force rate hikes into a supply-driven oil shock. Greenspan and Bernanke both cut rates during similar crises. Housing would weaken if Powell overrules Warsh.