President Donald Trump has used his office and the legal system to try to bully the Federal Reserve into submission, and now he could have another option at his disposal: the Fed chair nominee’s father-in-law.
On Friday, Trump announced he was nominating Kevin Warsh to replace Jerome Powell, whose term as chair is up in May.
Warsh happens to be married to Jane Lauder, daughter of billionaire cosmetic heir and longtime friend of Trump’s Ronald Lauder.
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