Kevin Warsh Calls for Fed Overhaul, Criticizes Powell’s Leadership Amid Inflation Crisis
Former Fed governor Kevin Warsh launched a blistering attack on Jerome Powell's monetary policy regime, calling for a complete overhaul of the central bank's leadership. The criticism comes as the Fed faces mounting scrutiny over its handling of inflation and interest rate policy.
Warsh singled out Powell's hesitancy to cut rates as evidence of systemic failure, aligning himself with Trump-era critiques of Fed independence. His remarks suggest a potential radical shift in central banking doctrine should he assume leadership in 2026.