'Regime change': Kevin Warsh's plan to shake up the Fed

Now that President Donald Trump has announced his pick to helm the Federal Reserve after a stage-managed race, all eyes in the financial world are turning to how Kevin Warsh will shake up the central bank if he's confirmed to the post. Last year, Warsh reiterated his support for what he called "regime change" at the Fed, blaming the central bank for failing to prevent pandemic-era inflation in the first half of the Biden administration. "They have lost credibility," Warsh said in a June 2025 Fox News inte ...