US EditionSock Puppets, Seinfeld, and Silicon Valley: Everything You Missed From Kevin Warsh’s Fed Nomination Hearing
Warsh said the central bank should narrow its mission, preserve monetary independence and rethink practices such as forward guidance and constant commentary.
10 Articles
10 Articles
The man that Trump is determined to make the head of US Federal Reserve Fed had to explain himself before the U.S. Senate. However, during the interview, it becomes clear that Kevin Warsh's candidacy is on the tip.
LARRY KUDLOW: No sock puppet — Kevin Warsh will bring a gust of fresh air to the Federal Reserve
President Trump’s Fed nominee Kevin Warsh appeared before the Senate Banking Committee today and passed with flying colors. It’s the best way I can put it. It may well be a new era for the Federal Reserve as Mr. Warsh outlined his long-held views that the central bank’s remit has grown too far and too wide and must be curbed.That its balance sheet of assets and liabilities should similarly be downsized, that it was never meant to be an overbeari…
Kevin Warsh wants to change the US Federal Reserve. After his Senate hearing, it becomes clear that the era of consensus politics under Jerome Powell could soon be history.
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