Kevin Warsh outlines new policy vision for Federal Reserve

Kevin Warsh, the nominee selected by President Donald Trump to lead the Federal Reserve, is set to undergo a confirmation hearing before lawmakers in the United_States. Warsh has articulated a vision for the central bank that involves significant shifts in policy, ranging from interest rate adjustments to a fundamental restructuring of how the institution operates. His proposed "regime change" aims to address what he describes as a broken conduct of monetary policy that has persisted for years. San Francisco Fed President Mary Daly noted that while any chair arrives with specific ideas, the evolving economy ultimately dictates the journey of the central bank.