Can Kevin Warsh Change the Federal Reserve?

Kevin Warsh has taken leadership of the Federal Reserve during a period of stubborn inflation, supply shocks, and tariff threats. Presiding over the Federal Open Market Committee, Warsh led a unanimous decision to raise interest rates for the first time in three years to combat inflation exceeding the 2% target. Meanwhile, the Federal Reserve reports that factory production unexpectedly fell in August, as rising interest rates and oil prices may offset support from the artificial intelligence build-out.