Sep 30, 2026 · 45 min · 11 segments
Kevin Warsh is in the chair — but is the Fed really changing course? In this episode of R2BW, we take a look at the new era at the Federal Reserve and ask whether Warsh represents a break from the…
The research tells me, Dave, that – Unusually, Powell is staying on the Fed governing board after stepping down as chair.
That is
unusual.
A break with tradition.
And will continue to have a vote on the 12-member rate-setting committee.
So this makes Walsh the first new Fed chair in more than 70 years to inherit an active predecessor.
Wow.
I didn't know that.
I'm assuming that's an appointment by someone else to the board.
It must be, yeah.
That's
right.
So that's very interesting.
Yeah.
I wonder how Kevin Walsh feels about that.
So let's think about it.
This is a good timely topic, right? Because I think in September at some point, the feds meet again for a little powwow, don't they?
Yeah, a
little powwow.
That's what they should have called it.
I like that.
So with Walsh, he's been chair for about four months now and the tensions are already visible.
So the irony is thick and it makes for a good podcast topic.
The research tells me, Dave, that – Unusually, Powell is staying on the Fed governing board after stepping down as chair.
That is
unusual.
A break with tradition.
And will continue to have a vote on the 12-member rate-setting committee.
So this makes Walsh the first new Fed chair in more than 70 years to inherit an active predecessor.
Wow.
I didn't know that.
I'm assuming that's an appointment by someone else to the board.
It must be, yeah.
That's
right.
So that's very interesting.
Yeah.
I wonder how Kevin Walsh feels about that.
So let's think about it.
This is a good timely topic, right? Because I think in September at some point, the feds meet again for a little powwow, don't they?
Yeah, a
little powwow.
That's what they should have called it.
I like that.
So with Walsh, he's been chair for about four months now and the tensions are already visible.
So the irony is thick and it makes for a good podcast topic.
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