How much sway will new Fed Chair Kevin Warsh have over interest rates?

Kevin Warsh has been confirmed by the Senate as the new Federal Reserve Chair, succeeding Jerome Powell. Although President Trump has pushed for lower interest rates, Warsh has pledged to act independently. The Federal Open Market Committee (FOMC), not the chair alone, sets interest rates, and Warsh will need to build consensus among its members. The committee consists of 12 members, including seven Fed governors nominated by the president. Currently, the governors include appointees from both Trump and Biden administrations, with Powell remaining on the board. Warsh’s leadership comes at a time of economic uncertainty, with concerns about inflation and geopolitical tensions. Analysts predict that interest rates will likely remain stable in the near future. QUESTION: How might the balance of appointees from different administrations on the Federal Open Market Committee influence the decisions made under Kevin Warsh’s leadership?