Updated
Updated · Bloomberg · Jul 2
Warsh Filled First Week as Fed Chair With Staff Meetings, Holding 3 External Sessions
Updated
Updated · Bloomberg · Jul 2

Warsh Filled First Week as Fed Chair With Staff Meetings, Holding 3 External Sessions

3 articles · Updated · Bloomberg · Jul 2

Summary

  • Warsh’s calendar for the days after his May 22 swearing-in shows his first week as Fed chair was dominated by internal staff meetings rather than outside outreach.
  • 3 external meetings appeared on the schedule: a breakfast with Treasury Secretary Scott Bessent, a meeting with former Fed Governor Stephen Miran, and one with Brookings Institution scholar Nellie Liang.
  • Liang previously overlapped with Warsh during his 2006-2011 stint as a Fed governor, while Miran left the central bank in May.
  • The schedule offers an early look at Warsh’s approach in office, suggesting an initial focus on internal briefings as he settles into the chairmanship.

Insights

Can a less communicative Fed guide markets effectively when its new chairman plans to abandon established tools like the dot plot?
As stablecoins challenge traditional banking, can the new Fed leadership maintain financial stability while rejecting a digital dollar?
How will the Fed's promised 'regime change' confront the dual threats of persistent inflation and AI-driven economic disruption?