Warsh expected to skirt Fed independence at conference
The Federal Reserve chair’s critics hope he takes the opportunity to show his independence from the president.
Federal Reserve Chair Kevin Warsh is set to speak at the Kansas City Fed’s annual conference, where critics are anticipating him to subtly assert his independence from President Donald Trump, who is attempting to remove central bank governor Lisa Cook. Former Fed Vice Chair for Supervision Randal Quarles and KPMG’s Diane Swonk suggest that Warsh should approach the opportunity in a neutral and passive manner, emphasizing the importance of maintaining the Fed's commitment to independence, particularly through his discussion on inflation.
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