The Rehearsal
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Kevin Warsh takes the stage at the Federal Reserve this week after fifteen years of criticizing it from the wings. He is the rare central banker who voted for a policy and published an op-ed against it the same day. That contradiction is the key to understanding what comes next. In November 2010, Kevin Warsh voted with the Federal Reserve's majority to approve QE2, authorizing the purchase of $600 billion in Treasury bonds. Simultaneously, he published an op-ed in the Wall Str
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Kevin Warsh takes the stage at the Federal Reserve this week after fifteen years of criticizing it from the wings. He is the rare central banker who voted for a policy and published an op-ed against it the same day. That contradiction is the key to understanding what comes next. In November 2010, Kevin Warsh voted with the Federal Reserve's majority to approve QE2, authorizing the purchase of $600 billion in Treasury bonds. Simultaneously, he published an op-ed in the Wall Str
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