{"id":7211,"date":"2026-02-05T12:23:53","date_gmt":"2026-02-05T17:23:53","guid":{"rendered":"https:\/\/www.deeds.com\/articles\/?p=7211"},"modified":"2026-02-05T12:23:54","modified_gmt":"2026-02-05T17:23:54","slug":"kevin-warsh-as-federal-reserve-chair-what-this-means-for-the-deed-market","status":"publish","type":"post","link":"https:\/\/www.deeds.com\/articles\/kevin-warsh-as-federal-reserve-chair-what-this-means-for-the-deed-market\/","title":{"rendered":"Kevin Warsh as Federal Reserve Chair: What This Means for the Deed Market"},"content":{"rendered":"\n
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Donald Trump has decided: Kevin Warsh should take the key position on the Federal Reserve\u2019s governing board.<\/p>\n\n\n\n

It\u2019s no secret that Trump wants lower interest rates. Will Warsh deliver? And will this stimulate deed transfers in a market that\u2019s been frustrating<\/a> hopeful sellers and buyers alike?<\/p>\n\n\n\n

Let\u2019s check into this now.<\/p>\n\n\n\n\n\n\n\n

Warsh Was on the Board During the 2008 Housing Crash.<\/h2>\n\n\n\n

Most news reports on the Warsh nomination say two things. Warsh is experienced, and Warsh is likely to deliver for Trump in the months leading up to the midterm elections of November 2026.<\/p>\n\n\n\n

Given Warsh\u2019s previous experience on the Fed\u2019s board, Warsh is likely to be confirmed by Congress. That said, not all Congressmembers are keen to vote Warsh into the post. Warsh had a position with the Fed when mortgages collapsed and banks got bailouts. He was seen as a key player in that saga.<\/p>\n\n\n\n

But after the crisis, Warsh expressed critical views of some of the Fed\u2019s actions\u2014mainly the money printing.<\/p>\n\n\n\n

Fast-forward to 2025. Why is Warsh the Trump pick? For one thing, Warsh has recently expressed the opinion that the Fed should lean into cutting the federal funds rate. That will make money easier to borrow, and Trump\u2019s a fan. For another thing, Warsh is an insider whose familiar face will presumably calm financial institutions. There are other things, too. As recently noted in The Wall Street Journal:<\/em><\/p>\n\n\n\n

It didn\u2019t hurt that his father-in-law, Est\u00e9e Lauder heir Ronald Lauder, is a major Republican donor and longtime Trump acquaintance.<\/em><\/p>\n\n\n\n

In any case, midterm election time is drawing near. The White House is projecting an interest in the housing market and how it looks to the typical frustrated voter. Lowering interest rates seems to be the administration\u2019s answer to economic jitters of all kinds.<\/p>\n\n\n\n

Expect Warsh to Press for a Change in Money Policy\u2014But to What Effect?<\/h2>\n\n\n\n

Our current Fed chair, Jerome Powell, is due to step out of the chair post in May. Warsh will then step into the lead position. And he\u2019s expected to call for a changed course. <\/p>\n\n\n\n

Warsh suggests that the Fed\u2019s current approach misunderstands the economy. Warsh also thinks it\u2019s possible to cut interest rates without fanning the flames of inflation. He believes inflation results from too much government spending and too much money printing.<\/p>\n\n\n\n

Put the money printing on pause, Warsh says, and \u201cyou have created space to lower interest rates.\u201d<\/p>\n\n\n\n

And that\u2019s the key difference between Jerome Powell and Kevin Warsh.<\/p>\n\n\n\n