Warsh's Fed Review Signals Potential Regime Change

Kevin Warsh is leading a sweeping Fed review focusing on inflation framework, balance sheet, and communication. He favors a market-driven approach over nuanced tools, and his crypto holdings add a new dimension to Fed credibility. New details: Warsh is pushing AI-driven real-time data and fewer meetings, but the July 29 market blowup shows risks. This could signal a major shift in monetary policy direction, affecting inflation, asset prices, and crypto regulation.