By Neil Roland ( August 11, 2026, 18:16 GMT | Comment) -- US Federal Reserve Chair Kevin Warsh may soon face his first test of whether he is President Donald Trump’s “sock puppet,” as last week the president told Fed Governor Lisa Cook that he is considering ousting her a second time. The White House gave Cook 21 days to respond to previous unproven allegations that she had committed mortgage fraud. “Whether he likes it or not, this is a crisis that lands directly at Kevin Warsh’s feet,” Fed historian Peter Conti-Brown, a Wharton professor, wrote. “If Warsh stands idly by while the President runs roughshod over the Board of Governors, he will be deemed the worst Fed Chair in its history.”US Federal Reserve Chair Kevin Warsh may soon face his first test of whether he is President Donald Trump’s “sock puppet,” as last week the president told Fed Governor Lisa Cook that he is considering ousting her a second time....
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