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Kevin Warsh Hawkish on QE: I'll Believe It When I See It
Kevin Warsh had his Senate confirmation hearing yesterday and made his anti-QE stance clear once again, calling for regime change at the Federal Reserve and advocating for reducing the balance sheet. Warsh left the Fed back in 2011 specifically because he objected to quantitative easing and has spent years arguing it should never have become a permanent policy tool. This morning I give my honest take on whether any of this talk will actually translate into action once he is sitting in the chair. I also touch on earnings from RTX, NOC, and UNH and cover Bitcoin.
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