Kevin Warsh is remaking the central bank into the C-suite

During his Jackson Hole speech, Kevin Warsh emphasized that the Fed should operate more like the private sector. Natalie Behring/Getty Images Kevin Warsh's speeches as Fed chair so far are strikingly corporate-sounding. Warsh is against forward guidance, pro-AI, and introduced new Fed task forces. Critics worry that Warsh's tenure will mean less transparency about interest rates. Kevin Warsh is bringing his Wall Street chops back to Washington. The new head of the central bank — who took the post in May — comes from a career as a finance executive at Morgan Stanley, an economic advisory role in the Bush White House, and a former governorship on the Federal Reserve. The 56-year-old has a reputation for being tough on inflation and optimistic about AI. Beyond starting press conferences with a unique "good day" greeting, Warsh is already bucking tradition at the Fed. He's reevaluating how the committee solves problems, uses economic data, and communicates with the public. It's a departure from more orthodox predecessors like Jerome Powell and Janet Yellen, and similar in style to leaders at big banks and in Corporate America. "My colleagues and I will endeavor to construct more reliab