Warsh's Fundamentalist Fed: Shaking Up Wall Street

Gary Cohn, former Trump advisor, praises new Fed chair Kevin Warshs strict monetary policy approach. Warsh, ex-Fed governor and Morgan Stanley exec, plans to rapidly reduce the Feds balance sheet, aiming to avoid market panic. Cohn, who worked with Warsh during the 2008 crisis, warns that Warshs focus on core Fed duties could lead to more surprise moves, potentially reshaping the Feds relationship with Wall Street. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/03ffaa6a52388dd5