# Is this the End of the Chair-Driven Fed?

Page: https://stenobird.com/podcast/banking-with-interest-121771/is-this-the-end-of-the-chair-driven-fed
Text version: https://stenobird.com/podcast/banking-with-interest-121771/is-this-the-end-of-the-chair-driven-fed.md
Podcast: [Banking with Interest](https://stenobird.com/podcast/banking-with-interest-121771)
Published: 2026-05-12T10:15:00+00:00
Episode link: https://bankingwithinterest.libsyn.com/is-this-the-end-of-the-chair-driven-fed
Audio file: https://traffic.libsyn.com/secure/bankingwithinterest/Nick_T_WSJ_May_6_2026.mp3?dest-id=1986239
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JSON: https://stenobird.com/v1/public/podcasts/banking-with-interest-121771/episodes/is-this-the-end-of-the-chair-driven-fed
Duration seconds: 2407

## Resource

Nick Timiraos, chief economics correspondent at The Wall Street Journal, discusses the unusually fraught transition now underway at the Federal Reserve. He tackles why Jerome Powell's decision to stay on the board matters, what Kevin Warsh will face if he takes over as chair, and whether the future of the role may be irrevocably altered.

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## Transcript

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