Warsh’s Fed ‘Regime Change’ May Require Patience, Consensus

Warsh’s Fed ‘Regime Change’ May Require Patience, Consensus

Kevin Warsh has vowed to usher in “regime change” as the new chair of the Federal Reserve, but Fed watchers say there are limits to how much he can revamp on his own — and that even in areas where he can make sweeping reform, it might be smarter for him to hold back.

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