U.S. Media: With Elite Connections, Warsh Appears Poised to Secure Fed Chairmanship

Odaily News According to a report by Politico, Kevin Warsh's chances of securing the coveted position of Federal Reserve Chairman have significantly increased. Warsh is both a central banking veteran and a Wall Street veteran. As a leading candidate for the Fed Chair, he also possesses a natural advantage: his prominent network of connections. His wife is from the renowned Estée Lauder family, and his father-in-law, Ronald Lauder, is a longtime friend and major supporter of President Trump. This provides Warsh with unique access in both political and business circles. Tim O'Brien, a biographer of Trump, once said, "Any time someone has a connection to someone who is powerful or famous, that's of paramount importance to Donald Trump." (Jin10)