Newly installed Federal Reserve chair Kevin Warsh names a group of high-profile business and academic figures to lead multiple task forces focused on modernising the central bank and reviewing its policies. Across reporting, Warsh’s selections include Marc Andreessen, Doug McMillon, and Mervyn King, alongside additional co-leaders. The initiative is described as a broad effort to examine how the Fed operates and carries out its responsibilities, with the task forces drawing on experience from major corporations and prior central-banking roles.
Financial Times reports Warsh appoints business and academic leaders to head five new task forces, highlighting a structured effort to cover different areas of the Fed’s work. Quartz says the wider slate includes 15 co-leaders, reflecting a larger group beyond the headline names. The New York Post adds context about Warsh’s prior views, noting he previously called for “regime change” at the Fed while being considered during the Trump administration to replace then-chair Jerome Powell.
All sources agree on the central point: Warsh is assembling an external, high-profile set of leaders to support a Fed-wide modernisation and policy review effort.
