
The Fed's Independence Has Always Had Limits. Warsh Just Said the Quiet Part Out Loud.
Trump's incoming Fed chair nominee suggested the central bank's global crisis role should answer to the executive branch. Left and right covered the same comment in two completely different universes.
Kevin Warsh suggested Fed independence doesn't extend to global crisis roles. Left-leaning outlets called it an institutional alarm bell. Right-leaning outlets called it overdue accountability. Here's what the dual mandate is actually carrying, and why the press split so cleanly.















