What if Warsh is not confirmed as Fed Chair by May 15?

• / Uncertainty around Fed Chair confirmation could destabilize financial markets and investor confidence, leading to volatility in stocks, bonds, and the U.S. dollar.
• / A delayed or failed confirmation may signal political gridlock, weakening trust in U.S. economic leadership and prompting global central banks to reassess their monetary strategies.
• / Businesses and policymakers may delay major decisions (e.g., hiring, investments, or rate-sensitive spending) until clarity emerges, potentially slowing economic growth.

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