The Indicator from Planet Money · Thursday, July 2, 2026
Newly appointed Federal Reserve chair Kevin Warsh has emphasized price stability in his recent communications, with less focus on the maximum employment mandate. This shift has led to speculation about his priorities and how he will approach the Fed's dual mandate.
“But he didn't talk much about maximum employment.”
“So, does Kevin Warsh even care about jobs?”
“I don't share the view that was expressed a few generations ago that Federal Reserve chairmen show up at a podium like this and say, you got to choose.”