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Benzinga
Benzinga
Business
Namrata Sen

Mohamed El-Erian Says Kevin Warsh Is 'Serious' About Reforming the Fed, Restoring Political Independence

Federal,Reserve,Chair,Kevin,Warsh,Delivers,Remarks,At,His,Swearing-in

Noted Economist Mohamed El-Erian praised the new Federal Reserve Chair Kevin Warsh‘s new appointments, saying they demonstrate a “serious” commitment to reforming and strengthening the central bank.

He took to X on Monday and said that the team’s expertise and ability to build support for change could help restore the Fed’s effectiveness, credibility, and political independence.

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