1. Fed Chair Nominee Kevin Warsh Faces Multi-Term Challenge to Shrink $6.6 Trillion Balance Sheet
Kevin Warsh, the nominee for Federal Reserve Chair, has set his sights on a monumental task: significantly reducing the central bank's massive $6.6 trillion balance sheet. However, achieving this goal is not a matter of a single policy cycle. A top financial economist warns that Warsh will likely need more than one ful...