Skip to content

person

Kevin Warsh

Former Federal Reserve governor (2006–2011) and Wall Street-connected economic adviser, often mentioned as a contender for Federal Reserve chair.

Known aliases

  • Chairman Kevin Warsh
  • Chairman Warsh
  • Chair Warsh
  • Fed Chair Kevin Warsh
  • Fed Chairman Kevin Warsh
  • Fed Chairman Warsh
  • Fed Chair Warsh
  • Federal Reserve Chairman Kevin Warsh
  • Kevin M. Warsh
  • Warsh

Relationships

No evidence-backed relationships are recorded.

Current stories

leadership4 publishers

Revised payrolls show US hiring cooled faster than first reported

US employers added 29,000 jobs in September while the Bureau of Labor Statistics cut 60,000 from its July and August counts. With layoffs still falling, the data describe a hiring freeze that argues for slowing headcount plans and holding cuts in reserve.

Perspective Coverage

4 publishers
Builder
Builder 9%
Operator
Operator 40%
Investor
Investor 51%

Reality

Evidence80
Adoption
Insufficient
Hype gap+10
Incentives
Insufficient
Confidence75
invest2 publishers

New York Fed's Williams backs market bets on one more rate hike this year

New York Fed President John Williams called one more rate hike this year reasonable, citing AI investment demand and energy prices with inflation at 3.4%. Sixteen of 18 Fed officials project at least one more move, so borrowers should plan on a policy range of 4% to 4.25% or higher by year-end.

Reality

Evidence72
Adoption
Insufficient
Hype gap+15
Incentives
Insufficient
Confidence75
invest3 publishers

Ether ETFs took in 0.74% of assets on the day bitcoin funds shed 0.22%

Bitcoin's spot funds gave back $201.9 million on Friday, four-fifths of it from two sponsors, while ether's kept taking money into a book sitting barely 7% above what its buyers have paid in. That is a thin cushion for a 10-day streak.

Perspective Coverage

3 publishers
Builder
Builder 8%
Operator
Operator 17%
Investor
Investor 75%

Reality

Evidence72
Adoption70
Hype gap+15
Incentives
Insufficient
Confidence68
leadership3 publishers

Warsh recused himself from the rate projections his committee published

The Fed's quarter-point hike arrived with a projections table carrying eighteen members' views of where rates finish the year and none from Kevin Warsh, who rejects forward guidance and says the next decision follows the data.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 43%
Investor
Investor 52%

Reality

Evidence70
Adoption
Insufficient
Hype gap+5
Incentives35
Confidence68
invest1 publisher

Warsh ties part of the yield rise to hyperscalers' funding competition

Fed Chair Kevin Warsh said hyperscaler fundraising partly explains rising yields, as companies add about six times the Treasury's increase in bond supply. Pension funds and insurers that buy 30-year paper are being asked to fund both borrowers from a pool Employ America's Skanda Amarnath calls finite.

Reality

Evidence55
Adoption
Insufficient
Hype gap+10
Incentives
Insufficient
Confidence55
invest2 publishers

Bessent tells AI developers to carry their own legal risk

Scott Bessent told CNBC on Monday that humans, not the AI, are responsible, and that developers should not expect federal protection from liability. The industry's demand for a shield now has a public no from Treasury.

Publishers:cnbc.comfinance.yahoo.comqz.com

Perspective Coverage

3 publishers
Builder
Builder 28%
Operator
Operator 25%
Investor
Investor 47%

Reality

Evidence72
Adoption
Insufficient
Hype gap+30
Incentives
Insufficient
Confidence65
invest17 publishers

A unanimous Fed hike leaves gold's real policy rate at 17 basis points

The Fed took its target range to 3.75-4.00% on September 16 and raised its median PCE forecast to 3.7% in the same document, so the real cost of holding a metal that pays no coupon moved by about a sixth of a point.

Perspective Coverage

17 publishers
Builder
Builder 8%
Operator
Operator 25%
Investor
Investor 67%

Reality

Evidence78
Adoption60
Hype gap+15
Incentives45
Confidence75

Earlier coverage

  1. The Fed hiked what it pays on reserves into a bond market already heading for 5%

    Invest · September 22, 2026 · 1 publisher

  2. The Fed's quarter point lands a full point below the 5% 10-year Treasury

    Invest · September 22, 2026 · 1 publisher

  3. Bloomberg's Levin argues government debt now constrains what the Fed can do

    Invest · September 21, 2026 · 1 publisher

  4. Two-year yield at 4.75% sits just shy of the 4.80% peak rate futures markets are pricing in

    Invest · September 20, 2026 · 1 publisher

  5. Warsh phoned Trump before raising rates to say the committee left him no choice

    Invest · September 20, 2026 · 1 publisher

  6. Bond buyers put the 3-year 95 basis points above the funds rate the Fed just raised

    Invest · September 19, 2026 · 1 publisher

  7. Goldman fell nearly 8.5% in the week the Nasdaq gained 0.7%

    Invest · September 19, 2026 · 1 publisher

  8. Warsh and Fed board unanimously approve quarter-point rate hike to fight inflation

    Product · September 16, 2026 · 1 publisher

  9. Korean investors bought $218m of three-month Treasuries in the month before the ten-year cleared 5%

    Invest · September 15, 2026 · 1 publisher

  10. Warsh can quiet one seat on an FOMC that averaged 196 speeches a year

    Invest · September 15, 2026 · 1 publisher

  11. Macro Risk Advisors puts an 8-10% price on Wednesday's quarter point

    Invest · September 15, 2026 · 1 publisher

  12. Futures leave the Fed's surprise in an 11.5% chance of a hold

    Invest · September 14, 2026 · 1 publisher

  13. Capital Economics's 30% drawdown needs the S&P multiple back at 13.7 times

    Invest · September 14, 2026 · 1 publisher

  14. Bessent's howitzer line gives Warsh cover to hike into White House pressure

    Invest · September 14, 2026 · 1 publisher

  15. Hike odds in the high 80s pull copper off its $14,500 record

    Invest · September 13, 2026 · 1 publisher

  16. Front-end Treasury yields flipped from one cut to four hikes since late February

    Invest · September 12, 2026 · 7 publishers

  17. A $1.17 trillion interest bill enters the argument against the Fed's next hike

    Invest · September 13, 2026 · 1 publisher

  18. Government payrolls account for the whole of July's 23,000-job decline

    Invest · August 29, 2026 · 3 publishers

  19. Core producer prices ran at a 2.4% annualized pace in August

    Invest · September 12, 2026 · 1 publisher

  20. A quarter point in Tokyo would narrow the dollar-yen policy spread by about a tenth

    Invest · September 12, 2026 · 1 publisher

  21. Three of August's five crypto leaders turned negative on the seven-day window

    Invest · September 12, 2026 · 1 publisher

  22. Gulf Ministers Meet Iran Days Before Fed Decision Priced 86.5% for a Hike

    Invest · September 11, 2026 · 1 publisher

  23. Galbraith reads the global bond rout as a forecast of Fed hikes

    Invest · September 10, 2026 · 1 publisher

  24. Yields hit 4.93 per cent two days after Bessent invited traders to bet against him

    Invest · September 10, 2026 · 1 publisher

  25. Goldman's post-Jackson Hole hike odds outrun its own forecast for a September hold

    Invest · September 10, 2026 · 1 publisher

  26. Treasury aims a tripled $6bn buyback at lighter-traded 10-year and 20-year notes

    Invest · September 9, 2026 · 1 publisher

  27. A $1,700 liquidity band will decide Bitcoin's $80,000 support before the Fed does

    Invest · September 7, 2026 · 1 publisher

  28. Warsh's first Jackson Hole keynote moves September hike odds to 50-60%

    Invest · September 5, 2026 · 1 publisher

  29. Warsh rations what the Fed says about its next move

    Leadership · August 29, 2026 · 1 publisher

  30. Bitcoin's climb past $81,000 ran on $415 million of forced short covering

    Invest · September 3, 2026 · 3 publishers

  31. Waller's 3.05% inflation trend takes 13 points out of the market's hike odds

    Invest · September 3, 2026 · 1 publisher

  32. The Fed's Beige Book now rests US construction on data center capex

    Invest · September 3, 2026 · 1 publisher

  33. Washington conditions chip tariff relief on Samsung and SK hynix investing in America

    Invest · September 2, 2026 · 1 publisher

  34. At Jackson Hole, a Princeton economist asked bank regulators to vet frontier models before release

    Invest · September 1, 2026 · 1 publisher

  35. The Two-Year Treasury Has Moved 85 Basis Points Ahead of the Fed, With Oil at $92

    Invest · September 1, 2026 · 1 publisher

  36. Traders rebuilt a September Fed hike from 41.4% to nearly 60% in one week

    Invest · September 1, 2026 · 1 publisher

  37. A RAS inhibitor wins FDA approval in metastatic pancreatic cancer at $39,800 a month

    Science · August 31, 2026 · 1 publisher

  38. Tokyo's record 15.39 trillion yen of intervention bought 28 days below 160

    Invest · August 30, 2026 · 1 publisher

  39. Gates's "no plan" essay calls for government action on AI workforce transition

    Leadership · August 30, 2026 · 1 publisher

  40. Bank of Korea's governor: won at 13-month high, sees room for further decline

    Invest · August 30, 2026 · 1 publisher