Warsh's Greenspan Gambit: A Step Back in Time for the Fed? Newly minted Federal Reserve Chairman Kevin Warsh has announced his intention to emulate the approach of his predecessor, Alan Greenspan.
This nostalgic nod to the past raises questions about the Fed's role in managing the economy and whether a return to Greenspan era policies is truly necessary.
Warsh's comments on Greenspan's leadership style and policy decisions during the 1990s internet boom are telling.