Can Kevin Warsh Change the Federal Reserve?
On Kevin Warsh's first months as Fed chair and what his reform agenda will take.
In this essay for TIME, written with Maximilian Hippold, Roger looks at Kevin Warsh's first months as chair of the Federal Reserve, including the rate rise at his third meeting with inflation still above the Fed's 2% target.
They walk through his reform agenda, from fewer FOMC meetings to a smaller balance sheet, and argue that it will succeed only if he can bring his colleagues, the markets and Congress along.
