How Kevin Warsh’s Fed Would Break With the Past
Trump’s nominee pledges to be independent but also less transparent about future rate moves.
The Senate Banking Committee this week questioned President Donald Trump’s pick to be the next chair of the Federal Reserve. Kevin Warsh proposed some changes, including to how the bank communicates with the public. Bloomberg Businessweek’s Stacey Vanek Smith, a longtime Fed watcher who also co-hosts the Everybody’s Business podcast, writes today about the hearing. There’s an excerpt below, or you can read the whole story (free!) here. Plus: How the death of an executive fueled tech’s rightward swing, the trouble with satellite imagery going dark, and Kenya’s $39 billion bet on roads and trains.
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