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.
This Week in Business
Federal Reserve Leadership Transition Amid Economic and Political Pressures
Former Federal Reserve Bank president discusses Jerome Powell’s leadership during crises, the importance of Fed independence, and what to expect from the incoming chair.
May 27, 2026
• 11 min listen
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