Fmr. Fed Governor Kroszner on what to expect out of a Warsh led Federal Reserve

• Kevin Warsh is a long-term strategic thinker, not short-term, and would likely talk about inflation in terms of affordability.
• Warsh would likely launch a series of reform initiatives at the Fed.
• Kroszner believes Warsh and current Fed Chair Powell would work together quite easily, sharing a deep care for the institution.

Randall Kroszner, former Federal Reserve Governor, discusses what to expect from Kevin Warsh if he were to become Fed Chair. Kroszner highlights Warsh's long-term strategic thinking, his likely focus on inflation in terms of affordability, and potential reform initiatives. He believes Warsh would approach current high inflation cautiously, potentially pausing or reducing rates due to an anticipated tech/AI boom, and would work collaboratively with current Chair Powell.