BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Former Fed Governor Criticizes Central Bank’s Deviation from Core Mission
Former Fed Governor Criticizes Central Bank’s Deviation from Core Mission
10
1
Kevin Warsh, a former Federal Reserve governor, delivered a scathing critique of the central bank’s recent trajectory during an April 25 speech to the Group of Thirty and IMF. The Hoover Institution fellow accused the Fed of operating as a "general-purpose agency of government" rather than focusing on its CORE mandate.
Warsh’s remarks highlight growing concerns about monetary policy’s role in fueling government spending at the expense of price stability. The criticism comes at a politically sensitive moment, with implications for both traditional markets and cryptocurrency ecosystems that often react sharply to Fed policy shifts.
By:
Previous
Pi Network Stages 28% Comeback Amid Crypto Market Stagnation
Next
Former Celsius CEO Alex Mashinsky Faces 20-Year Prison Sentence for $7B Crypto Fraud
