The Fed's remaking now has a roster, and it's full of outsiders
Kevin Warsh just named the outside experts leading his five Fed task forces, the panels rethinking how the central bank handles communications, its balance sheet, data, inflation, and AI's impact on jobs.
The names are big: a16z's Marc Andreessen on the AI panel, ex-Walmart CEO Doug McMillon, Nobel laureate Thomas Sargent, and former central bankers Mervyn King, Raghuram Rajan and Arminio Fraga. Recommendations are due by year-end.
A venture capitalist and a room full of ex-central bankers, walking into the
@federalreserve. What could they change?