Federal Reserve Leadership Transition Amid Economic and Political Pressures

Federal Reserve Leadership Transition Amid Economic and Political Pressures

From This Week in Business by The Wharton School

May 27, 2026 · 11 min

About this episode

Patrick Harker discusses the implications of leadership changes at the Federal Reserve amid various pressures.

Patrick Harker, Wharton Professor of Operations, Information, and Decisions, and former President of the Philadelphia Federal Reserve Bank, reflects on Jerome Powell’s tenure leading the Federal Reserve through the pandemic, inflation concerns, and political pressure, while also examining what Kevin Warsh’s leadership could mean for monetary policy, Fed independence, and the U.S. economy moving forward. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Wharton School

Guest: Patrick Harker

Topics covered

  • Federal Reserve
  • monetary policy
  • economic pressures
  • political pressures
  • leadership transition

Keywords

  • Federal Reserve
  • Jerome Powell
  • Kevin Warsh
  • monetary policy
  • inflation
  • economic pressures
  • political pressure

Mentioned in this episode

Organizations: Federal Reserve, Philadelphia Federal Reserve Bank, Wharton School

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