Kevin Warsh wants Trump to know about his rate cuts U-turn in hunt for Fed job

Kevin Warsh has reversed his previous opposition to rate cuts, now calling for them alongside reducing the Federal Reserve’s $7.7 trillion balance sheet. He claims that the Fed’s current policies are misguided, echoing Trump’s demands for rate reductions.

Kevin’s experience during the 2008 financial crisis positions him uniquely among Fed chair contenders. He seeks not only to adjust monetary policy but also to overhaul the leadership of the Fed, asserting that its credibility has been compromised by its handling of inflation.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts