Updated

Updated · Bloomberg · Jun 3

Fed Chair Warsh Hires 2 Conservative Advisers as Overhaul of Central Bank Takes Shape

Updated

Updated · Bloomberg · Jun 3

Fed Chair Warsh Hires 2 Conservative Advisers as Overhaul of Central Bank Takes Shape

3 articles · Updated · Bloomberg · Jun 3

Kevin Warsh has brought in Paul Winfree and Daniel Heil as temporary advisers to support policy analysis at the Federal Reserve, according to people familiar with the matter.
Winfree is a former Trump White House official who wrote a Heritage Foundation Project 2025 chapter criticizing the Fed and was considered in 2019 for a seat on the Board of Governors.
Heil is a fellow at Stanford's Hoover Institution, adding to the conservative policy tilt of the pair Warsh selected.
The hires fit Warsh's broader push for "regime change" at the central bank as he seeks to reshape its staff and policy environment.

Sources

Left60%

Center20%

Right20%

Fed Chair Warsh hired an advisor who wants to end the employment mandate. What does this mean for American jobs?

As the Fed promises a 'regime change,' will its new policies tame inflation or create greater market uncertainty?

Can AI productivity gains truly allow for lower interest rates without triggering a new surge in inflation?