The Unlikely New Face at the Federal Reserve: Kevin Warsh's Road to Chairmanship The news that Kevin Warsh will be the next Chairman of the Federal Reserve has sent shockwaves through the financial community.
To understand Warsh's appointment, it is essential to consider the broader context in which he takes over.
Background on the Federal Reserve and Its Role in Monetary Policy The Federal Reserve, often referred to as "the Fed," is the central bank of the United States.