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Stock impact report

Kevin Warsh would be one of the wealthiest Fed chairs ever and says he ‘lived the American Dream.' Here's what he wants for the central bank [Fortune]

MACQUARIE GROUP LTD S/ADR (MQBKY) 
NASDAQ:AMEX Investor Relations: macquarie.com/us/about/investors
Company Research Source: Fortune
to step into the role of Federal Reserve chairman in his “finest hour” at a turning point for the economy. Recommended Video From the Democrats, Warsh is a “sock puppet”—both for Donald Trump in the White House and for Wall Street CEOs. To confirm him, Sen. Elizabeth Warren said, was to vote for catastrophe, leading the central bank down a path to erosion of its independence. Markets and investors care little for the stories spun by politicians . They wanted to hear from the man himself, who just revealed a personal fortune of more than $100 million , making him one of the wealthiest candidates (if not the wealthiest) to ever seek the top central banker's chair. For Warsh, a former Fed governor himself, landing the role of leading the central bank would be the summit. He said he'd “lived the American Dream,” telling the committee: “I've been the luckiest, most blessed, fortunate person with the greatest teachers. I was a kid from upstate New York in public schools, and I had a Show less Read more
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