The David Lin Report · Thursday, July 30, 2026
Milton Berg believes Federal Reserve Chair Kevin Warsh has the potential to be the greatest Fed chair in U.S. history due to his strong understanding of monetary policy and commitment to fighting inflation. Berg suggests Warsh is more of a monetarist than a Keynesian and will likely take action, possibly including quantitative tightening and a rate hike at the upcoming FOMC meeting, contrary to consensus expectations.
“Well, first, I'd like to say, I believe Kevin Wash may prove to be the greatest Fed chairman in the history of the United States.”
“Because he's very well educated, understands monetary policy, he's not influenced by pull by politicians or by politics. And he's serious about fighting inflation.”
“So today, I think, at least, he'll going through something. I think he may, uh, do some quantitative tightening, which would be selling, which would be buying some, which would be selling some, um, some of the bonds on the balance sheet. I think he may make an announcement about reducing the balance sheet. I also think it's likely they will raise rates even though the consensus they won't raise rates.”