Kevin Warsh's first big Fed move comes straight from the CEO playbook

Răzvan Țupa

Every new boss has a move. Some announce layoffs. Others reorganize the company. Kevin Warsh launched task forces. "At any institution, a change in leadership is a natural and timely opportunity to reaffirm its mission, to review current practices, and to consider whether those practices best meet our objectives," Warsh said Wednesday during a press conference. "My Fed colleagues and I will be working in close collaboration to ask what changes might improve the conduct of monetary policy."