Fed Chairman Warsh names members of monetary policy task forces
The panels will examine communications, data, inflation and AI as Warsh seeks evidence-based recommendations for changes to the central bank.
- On Thursday, Federal Reserve Chairman Kevin Warsh unveiled members of five task forces to study U.S. monetary policy, appointing leaders including venture capitalist Marc Andreessen and former Walmart CEO Doug McMillon to develop recommended operational changes.
- Operating independently, the teams aim to reduce the central bank's roughly $6.7 trillion in bond holdings and deliver rigorous findings to the Federal Open Market Committee by year-end.
- Andreessen's connection to Warsh spans 30 years since they attended Stanford University together, while others overlapped during the Chair's 15 years at the Hoover Institution.
- New York Fed President John Williams warned Thursday that AI-driven demand could outstrip supply, potentially forcing rate hikes, even as Warsh remains optimistic that technology will boost productivity.
- These initiatives reflect Warsh's broader bid to reshape the central bank, building on his call for "regime change" last year while under consideration by the Trump administration to replace former chair Jerome Powell.
66 Articles
66 Articles
The Economic Times
Times of IndiaRaghuram Rajan, Karen Dynan to co-lead Fed task force reviewing central bank's $6.7 trillion balance sheet
Federal Reserve Chair Kevin Warsh announced five task forces to suggest operational changes. These groups will include prominent economists and business leaders from various fields. One task force will examine artificial intelligence's impact on productivity and jobs. Another will focus on evaluating the central bank's data sources. These efforts aim to improve the Fed's analytical tools and policy approaches.
US Fed Appoints Marc Andreessen to Co-lead Productivity, Jobs Task Force to Assess Economic Impact of New Technologies
Get latest articles and stories on Business at LatestLY. The US Federal Reserve has appointed Marc Andreessen, cofounder and general partner at Andreessen Horowitz to co-lead one of the five task forces that will review and modernise the central bank's monetary policymaking framework, as per a statement by the Federal Reserve. Business News | US Fed Appoints Marc Andreessen to Co-lead Productivity, Jobs Task Force to Assess Economic Impact of Ne…
Federal Reserve Launches Five Task Forces to Rethink Monetary Policy
The Federal Reserve has established five task forces to examine whether the central bank’s monetary policy framework, analytical tools and decision-making practices remain suited to a rapidly changing United States economy. Announced on July 9, 2026, the initiative will bring prominent economists, business executives, investors and former central bank officials into a broad review of how the Federal Reserve pursues price stability and maximum em…
Fed Chair Kevin Warsh names Marc Andreessen, ex-Walmart CEO and others to lead task forces
Venture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bank’s operations.
Coverage Details
Bias Distribution
- 47% of the sources are Center
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
