Institution: Warsh Deemed "Excellent Choice" for Fed Chair Role

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MainSky Asset Management's Eckhard Schulte stated in a report that U.S. President Donald Trump's selection of former Federal Reserve Governor Kevin Warsh for the next Fed Chair is an "excellent choice." The Chairman of MainSky's board indicated that this former member of the Federal Reserve Board of Governors is "extremely experienced, pragmatic, and enjoys the highest prestige in financial markets." Schulte remarked that Warsh's particular distinction lies in his potential to refocus the Fed on its core mission and steer it away from its previous crisis intervention era.

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