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Fortune

Jacqueline Munis

Jerome Powell warned his successor to stay out of elected politics and offered other advice. Here’s what Kevin Warsh might do as Fed chair

US Federal Reserve Kevin Warsh Jerome Powell Donald Trump

Warsh gestures and speaks. (Credit: Samuel Corum—Bloomberg via Getty Images)

Fed Chair Jerome Powell offered some advice to his successor at Wednesday’s Fed meeting.

“Stay out of elected politics. Don’t get pulled into elected politics,” he warned.

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