S8 Ep801: 10. HEADLINE: Kevin Warsh's Vision for a Smaller Federal Reserve GUEST: Joseph Sternberg SUMMARY: Joseph Sternberg describes Kevin Warsh as a policymaker who believes the Fed should "stick to its knitting" by focusing strictly on price stability. Warsh in

10. HEADLINE: Kevin Warsh's Vision for a Smaller Federal Reserve GUEST: Joseph Sternberg SUMMARY:Joseph Sternberg describes Kevin Warsh as a policymaker who believes the Fed should "stick to its knitting" by focusing strictly on price stability. Warsh intends to shrink the Fed's balance sheet to reduce its political intrusiveness and scale back "forward guidance". This approach aims to defend the central bank's long-term independence.
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