Foreign media report Fed Chair Kevin Warsh is adding Treasury Secretary Bessent’s senior aide Samantha Schwab to his advisory team as a Fed adviser. Schwab has served as Bessent’s deputy chief of staff at the Treasury since January 2025 and previously worked in the White House during Trump’s first term; a start date was not announced. The appointment has prompted debate about closer Fed–Treasury coordination, given Warsh and Bessent hold weekly meetings, and market attention on whether central-b

Foreign media report Fed Chair Kevin Warsh is adding Treasury Secretary Bessent’s senior aide Samantha Schwab to his advisory team as a Fed adviser. Schwab has served as Bessent’s deputy chief of staff at the Treasury since January 2025 and previously worked in the White House during Trump’s first term; a start date was not announced. The appointment has prompted debate about closer Fed–Treasury coordination, given Warsh and Bessent hold weekly meetings, and market attention on whether central-bank independence could be affected.