NYSE trading floor with screens showing stocks sliding as rising U.S. Treasury yields and Walmart (WMT) earnings pressure risk assets on August 20, 2026.
Scott Bessent is betting that America’s inflation problem is about to go from front‑page headline to back‑page footnote just as Kevin Warsh takes the helm at the Federal Reserve—and he sounds almost cheerful about it.
A New Fed Chair, A New Inflation…
Kevin Warsh is stepping into the Fed chair just as inflation 're-accelerates', and markets are treating his arrival like a high-stakes regime change rather than a routine promotion.
Warsh Takes the Helm as Prices Heat Up
Kevin Warsh is inheriting…