Source: Christian Science Monitor
by staff
“From the gas pump to the produce aisle, Americans are seeking respite from high prices. They now have a new champion. On Wednesday, Kevin Warsh made his debut as head of the Federal Reserve, easily the world’s most influential economic institution. The central bank chief told reporters the many ways he would change the Fed to rein in inflation. Yet, after being in office for only about three weeks, he also noted his own surprise at one immediate change. ‘I was just incredibly impressed” about how much the Fed’s colleagues have been ‘very open about changes,’ he said. The comment is noteworthy because Mr. Warsh believes that ‘genuine’ deliberation among experts – relying on patient inquiry, respectful listening, and civil attentiveness to alternative views and data – is key to controlling the nation’s money supply and interest rates.” (06/18/26)