Warsh Says the Fed Must Stay in Its Lane

In between these bookend experiences. I served quite a while ago as a governor at the Federal Reserve. At the at the birth at the onset of the financial crisis, as Senator Warren said, our central bank played an indispensable role and we benefited enormously from the credibility that our predecessors had built up and passed down to us governors of the Fed at the time in these unusual and exigent circumstances, I saw the Fed and its people at their very best.But I also witnessed an institution that was tempt ...