Kevin Warsh

Fed's Warsh on corporate cash balances

In the speech 'Corporate cash balances and economic activity' given on 18 July Kevin Warsh of the Federal Reserve said US companies are at last starting to borrow more and cut the cash hoards they maintained during the economic recovery, a trend that is…

Fed views on U.S. inflation targeting

This article from Reuters, published Wednesday 28 June, provides summaries of views voiced by Federal Reserve policy-makers on the merits of stated numerical inflation targets.

Comment: Wanted: experienced US central banker

The perception of a "Fed in flux" has been strengthened by the departure of two more senior officials. With the unprecedented rate of turnover in personnel, the Fed now appears somewhat short of experience. Chairman Ben Bernanke's job could be made…

New Fed governors sworn in

Kevin M. Warsh and Randall S. Kroszner were formally sworn in as members of the Board of Governors of the Federal Reserve System at a ceremony Thursday 23 March in the atrium of the Board's main building in Washington.

Philadelphia Fed's Stone to attend FOMC meeting

The Philadelphia Federal Reserve Bank's second in command will participate in the US central bank's policy meeting next week, stepping in for retiring President Anthony Santomero, a spokeswoman said on Wednesday 22 March.

Warsh, youngest-ever Fed governor

According to the article "Warsh, youngest-ever Fed governor, is also one of the richest" published Friday 17 March, Kevin Warsh, and his wife, an heir to the Estee Lauder cosmetics fortune, have at least $65.3 million in assets.

Comment: Presidential Fed nominations

When George W. Bush announces his nomination to replace departing vice chairman, Roger Ferguson, he will have chosen all seven members of the board of governors at the Fed. In doing so, he will join Ronald Reagan and Franklin Roosevelt as the only…

Fed's Warsh sworn in

Kevin Warsh took the oath of office as a member of the Board of Governors of the Federal Reserve System on Friday 24 February.

Comment: Ferguson bids Fed farewell

The vice chairman of the Federal Reserve, Roger Ferguson, will retire in two months time and he will not attend the Fed's next rate-setting meeting on March 27-28. Ferguson's departure underscores the idea of a Fed in flux.

Fed nominees emphasise inflation control

The two nominees for the Federal Reserve Board, Randall S. Kroszner and Kevin M. Warsh, said on Tuesday 14 February, in testimony to the Senate Banking Committee that controlling inflation was the key to maintaining economic growth in the United States.

Warsh's Fed nomination draws criticism, confusion

President Bush's nomination of the 35-year-old White House aide Kevin Warsh for a seat on the Federal Reserve's board has been greeted with criticism and bewilderment by some former Fed officials and economists, according to this article published on…

Bush nominates two to Fed board

The White House announced on Friday 27 January it was nominating Randall Kroszner and Kevin Warsh to fill two vacancies on the Federal Reserve's seven-member board of governors.

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